Financially strapped owner Tom Hicks is exploring a possible sale of the Dallas Stars.
The Hicks Sports Group said Thursday the NHL team has retained
Galatioto Sports Partners to look for new investors and explore the
idea of selling a majority stake in the Stars.
Team president Jeff Cogen says a sale is not a certainty.
Last year, Hicks defaulted on a loan backed by the Stars and
baseball's Texas Rangers. Hicks recently reached an agreement to
sell the Rangers to a group led by Pittsburgh attorney Chuck
Greenberg. The sale awaits approval from Major League Baseball.
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