Daryl Katz:
Daryl A. Katz (born 1962) is chairman and chief executive officer of The Katz Group, one of North America's leading drug store operators with over 1,800 stores and owns and operates Canada's only national mail order pharmacy business, Meditrust Pharmacy Inc., one of Canada's largest institutional pharmacy operations as well as the owner of the Edmonton Oilers. Katz is a former lawyer. He currently resides in Edmonton, Alberta.
[edit] Facts and figures
- His net worth is reported to be C$2.37 Billion [1] which makes him the 486th richest person in the world.
- His company (The Katz Group) has the naming rights to Rexall Place (Edmonton's NHL Hockey Arena). In May 2007, Katz made a $145-million bid to buy the Edmonton Oilers franchise, which the owners of the team, the Edmonton Investors Group (EIG), quickly rejected, stating the team was not for sale.
- In July 2007 he made another bid for the Oilers of $185-million, which was turned down by the EIG on August 7th, 2007.[2]
- December 12, 2007 Katz made an offer of $188-million to the Edmonton Investment Group (EIG). The Board of the EIG announced in January 2008 that it would again recommend to its shareholders to reject this latest bid.[3]
- January 28, 2008 Katz ups his offer to $200 million and extends the deadline for acceptance to February 5th, 2008. This bid is expected to be approved, at $22,000 per share.
- On February 5, 2008, Katz was notified by the EIG that all its members agreed to sell the Oilers to him, pending league and financial approval[4]
- June 18, 2008, Daryl Katz has received the final OK from the National Hockey League to purchase the Edmonton Oilers.
- July 2, 2008, Daryl Katz is officially announced as the owner of the Edmonton Oilers during a Press Conference at Rexall Place. Where he was presented with an Edmonton Oilers Jersey with the number "08" and his last Name patched onto the back.
[edit] Education
Daryl Katz attended Jasper Place High School in 1980. Katz studied at the University of Alberta, receiving both a bachelor's degree and a law degree. In 1990 he founded the Katz Group, which is well known for many pharmacies (Rexall Drugstores, Herbies/Payless,Pharma Plus Drugmarts, IDA, Guardian and Medicine Shoppe). In October 2006 Katz announced a $7 million donation to the University of Alberta Faculty of Pharmacy and Pharmaceutical Sciences and Faculty of Law. Matched by the province, the gift was the largest donation ever to a Canadian pharmacy school. The west wing of the Health Research Innovation Facility at the corner of 87th Avenue and 114th Street in Edmonton has been named The Katz Group-Rexall Centre for Pharmacy and Health Research.
Katz's riverfront mansion at 4 Valleyview Point in the Glenora neighbourhood, is one of the the largest houses in Edmonton at 25,000 square feet (2,300 m2), and estimated to be the most expensive at C$20 million. The property overlooks the North Saskatchewan river valley, Hawrelak Park, and the downtown city skyline and is easily visible and instantly recognizable from the river valley's many trails. The great room is clad floor-to-ceiling in 90-kilogram (200 lb) blocks of ancient Italian limestone and with 9-metre (30 ft)-high windows framing a view of downtown.[5]
[edit] References
http://edmontonsun.com/Sports/Oilers/2008/02/06/4830511.html
[edit] External links
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