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Aquilini Group to buy remaining 50 percent of Canucks

VANCOUVER, British Columbia -- The Aquilini Investment Group has entered into an agreement to purchase the remaining 50 percent of the Vancouver Canucks and GM Place arena from Seattle businessman John McCaw, the NHL team said Wednesday.

The Aquilini group, owned by Vancouver businessmen Francesco, Roberto and Paolo Aquilini, originally purchased 50 percent of the Canucks and the arena from McCaw in November 2004. The sale is subject to approval by the NHL.