Anybody see this?
Billionaire investor and hockey enthusiast Nelson Peltz is weighing a plan to buy the $250 million in debt of the troubled New Jersey Devils, a source close to the situation told The Post.
The plan being discussed by Peltz, whose Triarc Companies owns Wendy’s, includes lining up an equity investor to buy the money-losing NHL team should the current team owners fail in their talks with lenders to restructure the debt, according to one person who has spoken with Peltz about the plan in recent weeks.
Read more: http://www.nypost.co...I#ixzz1eRFgLJah
Edited by lucifer91, 22 November 2011 - 08:02 AM.