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Bain, Game Plan try to entice owners with buyout plan

Updated: June 8, 2005, 1:52 PM ET
Associated Press

NEW YORK -- An outside bid to buy the National Hockey League would allow team owners the chance to maintain a stake in the league, according to people close to the deal.

The provision is added incentive for team owners mulling a bid by private equity firm Bain Capital and investment firm Game Plan International to buy the 30-team league for $4.3 billion.

A spokesman for the NHL declined to comment on the deal on Wednesday.

Bain and Game Plan's offer seemed far fetched at first, ...

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