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Ice Edge backing away from Coyotes unless given exclusivity

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Darren Dreger
5/10/2010 9:49:54 PM
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Ice Edge Holdings has informed the city of Glendale it will not continue discussions or negotiations to purchase the Phoenix Coyotes without an exclusivity agreement.

Ice Edge is backing away from the deal unless exclusivity is granted.

Glendale officials were given Monday as a deadline to produce an exclusivity agreement and failed to do so, even though sources say the city spoke to Ice Edge's bank on Monday to confirm this group's financial backing.

Phoenix Coyotes (Photo: NHL)

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(Photo: NHL)
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