Oilers sale?

From the newswire......

Hammer

INDEX:Sports
Darryl Katz poised to become next owner of NHL's Edmonton Oilers


EDMONTON - Daryl Katz's quest to buy the Edmonton Oilers has suddenly become much easier with the collapse of a potential bid from within the team's board of directors.

The small group of non-Katz members within the Edmonton Investors Group have notified the 34 group members that there is no counter bid that can match or exceed the local billionaire's offer.

At the moment, it appears Katz has secured at least 60 per cent of the group's 7,492 shares.

While he could close the deal with that amount, a source indicates he would ideally like close to 80 per cent.

Katz has now imposed a Feb. 5 deadline to officially close the deal.
(The Canadian Press)(Edmonton Sun)