Well, here's a midnight bombshell if ever there was one. TSN's Bob McKenzie (the actual McKenzie, not one of the many fake twitter accounts) tweeted the following:

With that tweet Isles Nation has gone crazy in a wide range of tweets. There's no mention of who is in talks to purchase the team. Logic would dictate Mikhail Porokorov and Brett Yormark will be the likely takers as the Isles are moving to their Arena on Atlantic Avenue. Also, Bruce Ratner would make a lot of sense as well as a player in the Barclays Center and the guy who won the Nassau redevelopment contract. It's a breath of fresh air for Islanders fans who are done with Charles Wang. The new Ownership (whether a consortium or singular entity) would be the 4th or 6th (if you want to count Wang/Kumar and Wang as separate entities) ownership group of the Team's history (Roy Boe, John Pickett, John Spano*, Millstein/Glukstern, Wang/Kumar*, Wang; *s denote ownership groups with legal troubles). If Porokhov/Yormark make the purchase, it'd be the second time the Nets and Islanders would be owned by the same entity, the first time being Roy Boe's ownership of the team during the Isles infancy. 

Since there's no word on who the prospective owner(s) are, consider this a developing story at the moment. It will be interesting to see who makes the move. Stay tuned.