November 22, 2008

Hidden: Billionaire's new game plan: Balsillie to make another bid for Predators: Billionaire Jim Balsillie, whose fervent desire to bring another NHL team to Canada has made him the scourge of league officials, is expected to make his third attempt in less than 2 years to buy a franchise. Sources say Mr. Balsillie, the 47-year-old co-founder of the BlackBerry (R.I.M.) and lifelong hockey fan, is considering the final terms of an offer to acquire a 27% stake in the Nashville Predators, whose backer filed for bankruptcy last June. "I'm going to get my name on the Cup one way or another," he said when he offered to buy the Penguins in Oct.'06, for $175-million.

posted by tommytrump to business and law at 02:51 PM - 0 comments