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The Pittsburgh Penguins have a new owner.

KDKA TV in Pittsburgh reports that the NHL team will be sold to Canadian businessman Jim Balsillie for $175 million.

Balsillie is the owner of Research In Motion, a Blackberry manufacturer based in Waterloo, Ont.

Among the groups trying to buy the Penguins were Hartford businessman Sam Fingold and a group led by New York taxicab medallion financier Andrew Murstein, Dallas Mavericks owner Mark Cuban and former star quarterback Dan Marino.
TSN : NHL - Canada's Sports Leader
 
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