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AP Sources: At least 3 groups set to bid on Bills

Created: 09/02/2014 8:25 PM WHEC.com
By: Associated Press

Three people close to discussions tell The Associated Press at least three groups have entered final negotiations to buy the Buffalo Bills.

Buffalo Sabres owners Terry and Kim Pegula, real estate mogul Donald Trump and a Toronto-based group that includes rocker Jon Bon Jovi have received formal documents in advance of a bid deadline on Monday. The people spoke Tuesday on condition of anonymity because the sale is being conducted privately.

Two other people familiar with the process say former Sabres owner Tom Golisano is not prepared to submit a bid.

The law firm representing late Bills owner Ralph Wilson's estate distributed what are called purchase agreements. The agreements are binding documents that require groups to submit a bid, and establish the terms and conditions of a potential sale.





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