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| Devils for sale, probably trying to get out at the top, before it all crumbles |
 Feb 1 2011, 01:25 PM
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#1
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 Member  Posts: 197 Joined: 22-September 07 From: Tribeca I Like: JJ I Don't Like: MM  |
By Curtis Eichelberger
Feb. 1 (Bloomberg) -- The New Jersey Devils may be sold by owner Jeffrey Vanderbeek, a former member of the executive committee at Lehman Brothers Holdings Inc., according to a person familiar with the potential sale. Vanderbeek has hired investment bank Moag & Co. in Baltimore to oversee the sale of the National Hockey League club, and has sent out letters to prospective buyers soliciting interest, said the person, who has seen the letter and requested anonymity because the team hasn’t given him permission to discuss it. In an e-mail, Vanderbeek said he was traveling and wouldn’t be available to talk until later today. Vanderbeek, 53, bought the team in 2004 for $125 million, according to Forbes magazine. A 20-year Lehman veteran, Vanderbeek ran the firm’s capital markets division from 2000 to 2002, then became head of global risk management, private equity and strategy when Lehman was the fourth-biggest securities firm by capital. He left the firm in 2004 to run the Devils. |
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Feb 1 2011, 02:03 PM
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#2
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 Member Posts: 2,159 Joined: 6-December 08 From: New Hyde Park, NY I Like: Corn Dogs I Don't Like: Moldy onion rolls |
I can haz Parise????
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Feb 1 2011, 02:09 PM
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#3
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 Death from adjacent Posts: 14,892 Joined: 16-March 07 From: Jerktown - Population you. Also, me. I Like: bring my shuttle. I Don't Like: alert my Star Destroyer to--blah blah blah. |
Les Diables du Québec?
-------------------- They say 'eh' instead of 'what' or 'duh'. That's the mighty power of Canada.
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Feb 1 2011, 02:35 PM
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#4
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 sometimes I misquote myself Posts: 1,001 Joined: 10-July 09 From: Cincinnati, OH I Like: this Nash kid I Don't Like: seeing Asham in a Rangers jersey |
Vanderbeek has hired investment bank Moag & Co. in
Baltimore to oversee the sale of the National Hockey League club, and has sent out letters to prospective buyers soliciting interest 
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Feb 1 2011, 03:12 PM
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#5
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 second line right wing on team negative Posts: 2,710 Joined: 8-July 07 From: LI I Like: nothing. I Don't Like: much of anything. |
move them to kansas city pls?
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Feb 1 2011, 03:33 PM
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#6
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 Can't Quit Avery Posts: 7,884 Joined: 15-March 07 From: Carroll Gardens I Like: 3rd line players |
He should wait for another year for the CBA to expire and the buyout laws get loosened so he can dump Kovalupchuk and make the team attractive for a buyer.
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Feb 1 2011, 03:54 PM
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#7
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 Rangerlands Eeyore! Posts: 32,390 Joined: 15-March 07 From: Running in the rain until I'm breathless I Like: The start of baseball season I Don't Like: The start of Mets season |
Apparently the story is false.
-------------------- Behind the Press
"Hey, look. Somebody put the lead in the first paragraph." -- From Overheard in the Newsroom About another Reporter entering the newsroom after an intense interview: Reporter #1: “Look at him, he’s got that after-sex glow.” Reporter #2: “That’s the glow I get when a good story comes together.” -- Overheard in the Newsroom |
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Feb 1 2011, 04:27 PM
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#8
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Death from adjacent Posts: 14,892 Joined: 16-March 07 From: Jerktown - Population you. Also, me. I Like: bring my shuttle. I Don't Like: alert my Star Destroyer to--blah blah blah. |
I'd kinda lean towards that actually. Neither TSN or NHL.com has anything about it.
-------------------- They say 'eh' instead of 'what' or 'duh'. That's the mighty power of Canada.
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Feb 1 2011, 06:30 PM
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#9
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Death from adjacent Posts: 14,892 Joined: 16-March 07 From: Jerktown - Population you. Also, me. I Like: bring my shuttle. I Don't Like: alert my Star Destroyer to--blah blah blah. |
-------------------- They say 'eh' instead of 'what' or 'duh'. That's the mighty power of Canada.
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Feb 1 2011, 08:53 PM
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#10
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 Everythings Comin up Cipher! Posts: 1,304 Joined: 7-August 10 From: Long Island I Like: Emo girls I Don't Like: South park |
QUOTE(Bleedin-Blue @ Feb 1 2011, 04:27 PM)  I'd kinda lean towards that actually. Neither TSN or NHL.com has anything about it. QUOTE(Bleedin-Blue @ Feb 1 2011, 06:30 PM) BUUUURRRRNNNN!!!!!! -------------------- |
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Feb 1 2011, 09:24 PM
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#11
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 Deal with it. Posts: 7,576 Joined: 1-December 07 From: New York |
Blue, you totally just got burned by Blue.
-------------------- 5-hole.com
“I couldn’t believe how loud it was. Much louder than the Verizon Center.” - Capitals defenseman Jeff Schultz on Madison Square Garden QUOTE(bloodorange @ Nov 11 2012, 11:13 AM) Butt sex is offended by this thread. |
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Feb 1 2011, 09:30 PM
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#12
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Death from adjacent Posts: 14,892 Joined: 16-March 07 From: Jerktown - Population you. Also, me. I Like: bring my shuttle. I Don't Like: alert my Star Destroyer to--blah blah blah. |
I'm pretty sure that just confirms that what I said was right. The team is NOT for sale; only some of the minority shares. And I don't want to hear any logistic horseshit about, "Well, the team technically IS for sale then! WAH WAH WAH!! BLOOBY-BLOO-BOO!!". Fuck you. The team's majority ownership will not change hands in this deal and therefore nothing will be any different.
-------------------- They say 'eh' instead of 'what' or 'duh'. That's the mighty power of Canada.
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Feb 1 2011, 10:41 PM
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#13
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 EtymoloJesus Posts: 28,081 Joined: 15-March 07 I Like: Max the Knight I Don't Like: Garbage-eating enemies |
Chip-a-wich! Chip-a-wich for sale!
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Feb 2 2011, 09:29 AM
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 If u read this,u're a moron! U just read this,didnt u? Posts: 19,015 Joined: 15-March 07 From: South Florida I Like: Dr. Ben Carson |
But the most important question is..........why are the Devils winning? They shouldn't be ruled out yet for the playoffs.
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Feb 2 2011, 12:36 PM
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 Owner and operator of Total Bastard Productions. Posts: 14,834 Joined: 15-March 07 From: New Jersey, where the weak are killed and eaten. I Like: Minions. I Don't Like: Not having minions. |
They're still 20 points out of 8th, they are toast.
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Feb 2 2011, 03:49 PM
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#16
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If u read this,u're a moron! U just read this,didnt u? Posts: 19,015 Joined: 15-March 07 From: South Florida I Like: Dr. Ben Carson |
QUOTE(Nilan 666 @ Feb 2 2011, 12:36 PM) They're still 20 points out of 8th, they are toast. It's the Devils....until they are mathematically out, i wouldn't rule out their chances. -------------------- |
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Feb 2 2011, 04:02 PM
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#17
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 You can't even begin to imagine how unrustled my jimmies are Posts: 4,317 Joined: 25-June 10 From: Summit, NJ I Like: The Onion I Don't Like: Everyone else |
QUOTE(Hockey101 @ Feb 2 2011, 03:49 PM) It's the Devils....until they are mathematically out, i wouldn't rule out their chances. Agreed. I literally am scared shitless that the Devils make the playoffs. Best case scenario they finish in 10th or so, get themselves out of a high pick. -------------------- I can come to terms with the senseless violence, I understand that bad things happen to good people and that God doesn't intercede in mortal affairs in the way we might want him to, but what I don't understand is why he dyed his hair red. Doesn't the Joker have green hair? What, was Sally's Beauty Supply out of Electric Lizard Manic Panic or something?
~Old Mole |
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Feb 2 2011, 04:03 PM
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#18
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 LIKE AMARE Posts: 25,066 Joined: 29-July 08 From: New Providence, NJ I Like: The Knicks! I Don't Like: Lebronakkah |
QUOTE(Hockey101 @ Feb 2 2011, 03:49 PM) It's the Devils....until they are mathematically out, i wouldn't rule out their chances. Dude its like if the Giants started 0-6 and Philly started 4-2 in football. yeah the Giants can technically still win the division, but it sure as hell ain't happening. -------------------- Wade Redden is my hero, and shall be revered forever.
 QUOTE(bloodorange @ Jun 22 2010, 05:22 PM) On this point, I agree with xcdude. |
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Feb 2 2011, 04:24 PM
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#19
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Owner and operator of Total Bastard Productions. Posts: 14,834 Joined: 15-March 07 From: New Jersey, where the weak are killed and eaten. I Like: Minions. I Don't Like: Not having minions. |
If they didn't have to leapfrog so many other teams I might give them a chance but you're talking passing 7 teams to scrape into the playoffs with 30 games left. Barring 7 team plane crashes this isn't happening.
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Lo-Fi Version | Time is now: 24th May 2013 - 11:10 AM |