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SABRES ANNOUNCE PURCHASE AGREEMENT

Tuesday, 02.1.2011 / 2:26 PM ET / News
Buffalo Sabres | Press Release
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SABRES ANNOUNCE PURCHASE AGREEMENT
The Buffalo Sabres today announced that Tom Golisano has reached an agreement to sell the Buffalo Sabres and its related companies to Terry Pegula. The agreement, completed at 1 p.m. today, is subject to certain closing conditions including review and approval by the National Hockey League. It is expected the NHL review process will take several weeks to complete.

Tom Golisano and Larry Quinn will hold a press conference on Thursday at Noon in HSBC Arena. There will be no further comment until the press conference.

Terry Pegula will not be at Thursday’s press conference.
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