Tuesday, August 19, 2014

News 12 Breaking News Alert - Islanders announce deal to sell team

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NEW YORK, NY - OCTOBER 24: New York Islanders announce deal to sell team

A deal is in place for a group led by former Washington Capitals co-owner Jon Ledecky and investor Scott Malkin to purchase a "substantial minority interest" in the Islanders. The group will then transition to majority owner in two years. The deal is pending league approval.

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