Negotiations between Carolina Hurricanes owner Peter Karmanos Jr. and a group headed by Chuck Greenberg over the sale of the NHL team apparently have hit a snag.
While the process has become more complicated, as one person close to the negotiations said Thursday, the same source said the two sides have “not turned their backs on each other.”
Karmanos and the Greenberg group have been in negotiations for months, and Karmanos has said the asking price would be between $450 million and $500 million. In an interview in August, Karmanos expressed some concern that negotiations with the Greenberg group were not progressing quicker.