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Lightning make a move at the top

Mon 23rd, June 2008

Tampa, FL (Sports Network) - The Tampa Bay Lightning put in place a new ownership group consisting of eight people on Monday.

Oren Koules, a Hollywood producer, heads up the team which is expected to finalize the sale from Bill Davidson and Palace Sports & Entertainment on June 30.

The new ownership is also highlighted by Len Barrie who is a real estate developer and a former NHL player. The rest of the team includes a partner of Koules at Evolution Entertainment, Mark Burg, attorney and investment banker Russell Belinsky, advertising executive Jordan Zimmerman, orthopedic surgeon Dr. Richard C. Lehman, furniture retailer and chief executive officer of Kane's Furniture Irwin Novack, and Craig Sher, Executive Chairman of St. Petersburg-based The Sembler Company.

"This is a great day for Tampa Bay and for the Lightning," said Koules. "There is a wonderful foundation for hockey in this community; a great fan base and a former Stanley Cup winning team led by Vincent Lecavalier and Martin St. Louis. Our group's primary goal is to win hockey games and compete for championships on a regular basis."

It plans to be a busy summer for the new group as the Lightning are in search of a new head coach. The Lightning are looking to rebound after a season last year which saw them finish last in the Southwest Division with only 71 points.

"We want to bring the fans of Tampa more championships and an organization it will be proud of for many, many years," said Barrie.

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