Hartford Man Signs Deal to Buy Troubled Penguins

The ColumbianJuly 31, 2006

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Summary


Sam Fingold, a Hartford, Conn.-based commercial real estate broker and longtime hockey fan, signed a letter of intent Friday to purchase the Pittsburgh Penguins from Hall of Famer Mario Lemieux's group.

A deal that is expected to be in the $175 million range was announced after the 34-year-old Fingold met with Lemieux, who bought the two-time Stanley Cup championship team in federal bankruptcy court nearly seven years ago -- partly to protect more than $25 million in deferred salary owed him.

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Hartford Man Signs Deal to Buy Troubled Penguins

Fingold, a Toronto native, has sa...

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