Coyotes Still Marooned in Desert

Marino, Jonathan
June 2009
Mergers & Acquisitions Report;6/22/2009, Vol. 22 Issue 25, p10
The article reports on the rejection made by Judge Redfield T. Baum of the Bankruptcy Court for the District of Arizona on the sale of Phoenix Coyotes to Jim Balsillie, co-founder of Research in Motion in Toronto, Ontario. According to Coyotes' owner Jerry Moyes, the most important thing for them to do is obtain the most money for the team's creditors. The article cites that Balsillie has also tried to buy the Stanley Cup Champion Pittsburgh Penguins.


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