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EDMONTON (CP) - Drugstore billionaire Daryl Katz has launched an $145-million bid to purchase the Edmonton Oilers, a source told The Canadian Press on Saturday.
The all-cash offer was made to the 37-member Oilers ownership group earlier this week, said the source, who added that the bid was unsolicited and that the team is not currently on the market.
Under terms of Katz's offer, the Oilers would remain in Edmonton.
Katz, 45, is an Edmonton native who owns the 1,800-store Katz Group.
The source said he believes most members of the ownership aren't interested in selling.
http://www.canada.com/edmontonjournal/story.html?id=7b24ec0d-34f9-4afd-bd42-0c388284ea8d&k=15071
-------------------------------------------------- My new motivation to become a pharmacist. Gonna buy me a hockey team, farm me the best canadian hockey players, and beat them canadians that aren't on my team muahaha.
3:34 PM
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