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Hamister gets one more week, political support to buy Sabres

Source: AP

'Critical in getting the politicians on board was Hamister's explanation that he is not seeking public money to help purchase the team. Instead, Hamister asked for the state to refinance a $22.9 million loan on the construction of HSBC Arena, the Sabres' home, and $10 million in capital improvements to the six-year-old facility. He also stressed that no public funds would go toward the reported $70 million purchase of the franchise.'

Related posts:

  1. Hamister seeks two-week extension in bid to buy Sabres
  2. Labor groups call on state to support arena, Sabres
  3. Hamister sees progress in talks on arena deal
  4. Economics cited in Sabres' request
  5. Hamister awarded Sabres franchise

Filed Under: SabresBeat

AP | Jan 3, 2003

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