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Firms made pitch to owners Tuesday

Updated: March 8, 2005, 10:21 PM ET
Associated Press

TORONTO -- An investment firm and a sports advisory company reportedly made a joint proposal to buy all 30 NHL teams for as much as $3.5 billion.

The two Boston companies were invited by NHL commissioner Gary Bettman to present the highly unusual offer, the Toronto Star and Globe and Mail reported Thursday. Bain Capital Partners LLC and Game Plan LLC made their pitch Tuesday in New York to NHL owners, whose season has been shut down by a lockout.

“ When someone's ...

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