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Market Cool to Comsat Sports Push
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Comsat plans to move the Quebec Nordiques (left) to Denver, where
they and the Denver Nuggets will both play in a new $132 million
arena being built by Comsat and billionaire Philip Anshutz.
Comsat Corp. may have made its reputation in outer space, but it
is placing a good part of its future on the ice.
A longtime provider of global communications services via
satellites, Comsat agreed to buy the National Hockey League's Quebec
Nordiques for $75 million last week.
If me...