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Business

Rand Capital Corp. shareholders approved selling a majority stake in the Buffalo venture capital firm to Terry and Kim Pegula. As a result, the Pegulas will own a 57% stake in Rand through their East Asset Management business. The deal is expected to close in the second half of the year. "We are pleased that shareholders confirmed their support for management to adva…

Business

Rand Capital Corp.'s biggest shareholder is coming out against the Buffalo venture capital firm's plans to sell a majority stake to Kim and Terry Pegula. User-Friendly Phone Book, which owns 23 percent of shares in the Buffalo-based firm, contends the deal's terms are bad for shareholders and declared it will vote against the sale. The Pegulas, best known as the co-o…

Buffalo

The Cheektowaga owners of a drab gray, cement-block building near Buffalo's Cobblestone District are hoping to capitalize on its prime location between KeyBank Center and the Seneca Buffalo Creek Casino by selling their property for potential additional parking. Owners Thomas G. Weiner and John J. Cook are marketing their 0.36-acre site at 106 Michigan Ave. through Hann…

Bills

ORLANDO, Fla. — This one’s for the kids, especially Kyle Williams’ young sons. Harrison Reed and Gray Williams have been having a blast since arriving here earlier this week for their father’s appearance in Sunday’s Pro Bowl. They get to ride on the bus to and from practice with the AFC all-star squad. They get to run around in children’s-sized versions of Dad’s jersey on…

Buffalo

Labatt USA this week began carting in and installing shiny stainless steel brewery equipment for its new beer-making operation in downtown Buffalo, marking another major step in converting a historic former industrial building into a lively new mixed-use facility. Part of Perry Street was blocked off Monday, as three flatbed trucks loaded with a variety of machinery pul…

Business

Terry and Kim Pegula have purchased a home in Western New York, and it's a big one. The owners of the Buffalo Bills and Buffalo Sabres, through their East Property Management, bought the 57-acre Aurora estate of Richard E. Garman, the former owner of Buffalo Crushed Stone. The purchase price paid to Garman's estate was $2.5 million. According to public records, the 1…

Health and Fitness

The daughters of Buffalo Bills and Sabres owners Kim and Terry Pegula have opened their second café in a spot where healthful eating matters a lot: Roswell Park Comprehensive Cancer Center. The Healthy Scratch grab-and-go café – in the Scott Bieler Clinical Science Center lobby at Carlton Street and Michigan Avenue – will serve Roswell Park patients, staff, visitors and…

Buffalo

Terry and Kim Pegula's company won city approval Monday for some modifications to their planned Labatt House brewery building at 79 Perry St. Pegula Sports & Entertainment used archived photos and records to change the appearance of the windows and doors along the ground-floor retail and commercial space on Perry Street. That provides "a little better baseline," …

Sports

Sean McDermott paused after the Associated Press' John Wawrow delivered the first question of the press conference, asking how McDermott expected to succeed where so many Bills head coaches had failed before him. "Is this on?" the new coach asked, gesturing to the microphone on the dais when his voice was slow to come over the PA system. The media got a chuckle out o…

TV

NEW YORK CITY - The grin on the face of CBS news correspondent Jeff Glor is as wide as those of any Buffalo Bills fan going into this season as he talks about his latest “60 Minutes Sports” piece. The Kenmore native was sitting in a Manhattan restaurant last Thursday about 30 minutes after screening the feature he has done on Buffalo Bills owners Terry and Kim Pegula for …