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Edward M. He once owned the Philadelphia 76ers of the National Basketball Association. Snider was born into a Jewish family in the Washington D.C. area, the son of a grocery store chain owner. He’d eventually be a partner in Edge Ltd., a record company. After selling the business, Snider joined Jerry Wolman (contractor) and his brother in law Earl Foreman (lawyer) to purchase the Philadelphia Eagles in 1964. Upon learning the NHL was intending to enlarge, Snider made plans to get a brand new stadium—the Spectrum—to place both a hockey team and the 76ers. On February 8, 1966, the NHL granted Philadelphia a conditional franchise, one which would eventually be named the Philadelphia Flyers and begin playing in 1967. In 1974 Snider created Spectacor as a holding company for the Flyers as well as the Spectrum. The Flyers became the first NHL expansion team to win the Stanley Cup in 1974, also to repeat as champs in 1975. Spectacor would located or get several companies under his direction, most notably a regional superior cable channel, PRISM, as well as the first all-sports radio station, WIP. Seeing that a brand new stadium would keep the Flyers competitive using the remaining league, Snider started planning for what would become the CoreStates Center (now the Wells Fargo Center) in 1988.