Rangers Filing for Bankruptcy does not Impact the Dallas Stars

In Texas, it is reported that the Texas Rangers will be moving forward with filing for Chapter 11 bankruptcy.  However, during a conference n Monday, the team's president Jeff Cogen told reporters that while their bankruptcy was a means to speed up their sale, it will not affect the sale of the Stars.

The owner of the Rangers is Tom Hicks and he is letting people know that the Stars are also for sale.

"The Rangers' filing today was a single-team-only filing.  That is separate and distinct from the Dallas Stars," said Cogen.  He also said, "As far as I know, it has no impact on the Stars' Sale."

At this time, Cogen said there is a timetable in place the sale of the Dallas Stars, but he would not disclose details.  He insisted that the process is, however, moving forward.

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