Ice Edge Holdings has withdrawn its minority interest in the proposed purchase of the Phoenix Coyotes ahead of a Glendale City Council vote that would put off finalizing any deal by as long as a year. Ice Edge CEO Anthony LeBlanc said Tuesday that his organization had been involved in the process with the Coyotes "long enough." Ice Edge once had tried to buy the team as the majority owner but accepted minority status when Chicago businessman Matthew Hulsizer entered the picture. Hulsizer's efforts to buy the team from the NHL have stalled in the face of a threatened lawsuit by the Goldwater Institute watchdog group over terms of a lease agreement worked out with Glendale for the team to continue to play in Jobing.com Arena. Read more: http://sports.espn.go.com/nhl/news/story?id=6522860
