Posted on 08/01/03
The anatomy of a failed deal
At 2 a.m. on Saturday, Dec. 28, Rod Bryden thought he had a deal.He had spent two years working on a complicated deal to refinance the Ottawa Senators, whom he controls. Finally, with three days to go before the deal had to close for tax reasons, everything appeared to be falling into place. Nearly $235-million had been raised from investors, the club's biggest creditor was on side and the National Hockey League was convinced nothing could go wrong.
The full text of this article has 1460 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
