Power Breakfast: Atlanta may lose Thrashers to Winnipeg, foreclosure notices up, ICE, natural gas, IMF, Madoff

Will Atlanta lose an NHL team to Canada for the second time?

The Atlanta Spirit is in negotiations with True North Sports and Entertainment on the sale of the Thrashers — which would result in relocation to Winnipeg, AJC writer Chris Vivlamore is reporting, citing a person familiar with the situation.

The parties have not entered into an exclusive negotiating agreement nor has a deal been reached, Vivlamore writes. It is not known how long the two sides have been negotiating.

However, the fact that talks are underway could mean the Thrashers’ relocation, perhaps as soon as next season, Vivlamore writes.

According to a person familiar with the Thrashers’ situation, a meeting was held Monday between team officials and a prospective buyer interested in keeping the team in Atlanta, Vivlamore reports. But the talks have not progressed.

Twenty-one years ago, Atlanta lost its first NHL team when the Flames moved to Calgary.

Also in the AJC:

• Metro Atlanta foreclosure notices up 22 percent in May
• Atlanta-based ICE drops bid for New York Stock Exchange
• Atlanta Gas Light files plan for natural gas fueling stations
• Governor backs $140 million highway to Savannah port
• Teen privacy threatened by smartphones
• Wine law passes in Alpharetta

In other media:

• Denied bail, IMF chief ordered held at NYC jail
• NFL owners win ruling to continue locking out players
• Buffett’s firm discloses investment in MasterCard
• New York investigates Wall Street role in financial crisis
• Bernie Madoff wine collection to be auctioned online

- Henry Unger, The Biz Beat

For instant updates, follow me on Twitter.