March 14, 2003
Golisano to buy Sabres
Billionaire businessman and failed gubernatorial candidate Tom Golisano has reached an agreement to buy the bankrupt Buffalo Sabres from Adelphia Communications. This should end the purchase efforts of Mark Hamister, who was the early front-runner but suspended his attempts in February after failing to get $40 million in government subsidies to help with the purchase price. Golisano says he'll seek no government aid.
Posted by Neil deMause
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