And then again I could be wrong...never underestimate "Wayne's world"ly goals...
FT. LAUDERDALE, Fla., March 5 /PRNewswire/ -- Florida Panthers Holdings,
Inc. (Nasdaq: PUCK) announced today the closing of its acquisition of the
Hyatt Regency Pier 66 Resort and Marina and the Radisson Bahia Mar Beach
Resort and Marina.
The Hyatt Regency Pier 66 is a luxury resort hotel and marina located in
Fort Lauderdale on the Intracoastal Waterway encompassing 23 acres and
consisting of 380 luxury guestrooms, 142 yacht slips, 22,000 square feet of
flexible meeting space and six restaurants and lounges.
The Radisson Bahia Mar Beach Resort is a full-service 350 slip marina with
two adjoining buildings containing a total of 297 rooms is also located on the
Intracoastal Waterway in Fort Lauderdale, Florida.
Richard H. Evans, President and Chief Operating Officer of Florida
Panthers Holdings' Inc. stated, "The closing of these acquisitions is an
important step in making Florida Panthers Holdings' Inc. into a diversified
leisure time based sports and entertainment and leisure company."
In connection with the transaction which will be accounted for under the
purchase method of accounting, Florida Panthers Holdings' Inc. will issue
approximately 8.4 million shares of Class A common stock.
Florida Panthers Holdings, Inc. owns the Florida Panthers Hockey Club, the
Arena Development and Arena Operating Companies, and an interest in the Miami
Arena.
SOURCE Florida Panthers Holdings, Inc.
CO: Florida Panthers Holdings Inc. |
