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 SECTION: COVERAGE OF THE NATIONAL HOCKEY LEAGUE
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Two NHL Franchises Change Hands
Wednesday, 18-Jun-2008 9:44PM United Press International
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NEW YORK, June 18 (UPI) -- The National Hockey League announced Wednesday its Board of Governors had green-lighted the sale of the Edmonton and Tampa Bay franchises.

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The Edmonton Oilers had been owned by a 34-member group of local investors, but were sold to Darryl Katz, a native of Alberta and owner of the Rexall pharmacy chain.

A group headed by Hollywood producer Oren Koules purchased the Lightning from a consortium known as Palace Sports and Entertainment. Included among the co-owners with Koules will be former NHL coach and general manager Doug MacLean and former NHL player Len Barrie.

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