A group led by Toronto-based businessman Michael Andlauer has reached an agreement in principle to purchase the NHL’s Ottawa Senators for close to US$1 billion, according to media reports.
The 57-year-old is also the founder and chief executive officer of Andlauer Healthcare Group, which owns health-care supply chain companies, and the founder of Toronto-based merchant bank Bulldog Capital Partners.
The board of directors of Senators Sports & Entertainment initiated the process to sell the team last November after the death of owner Eugene Melnyk earlier that year.A recent valuation by Forbes listed the Senators at $800 million, 24th out of the NHL’s 30 teams.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
GARRIOCH: Michael Andlauer reaches deal in principle to buy Ottawa SenatorsThis is a file in case the Senators are sold
Lire la suite »
Michael Andlauer to become new Senators owner | TSNA group led by Toronto billionaire Michael Andlauer has won the bidding war and will become the new owner of the Ottawa Senators, according to multiple reports.
Lire la suite »
The pressure is building on the Ottawa Senators to complete a saleLatest on the sale of the Senators
Lire la suite »
The pressure is building on the Ottawa Senators to complete a saleLatest on the sale of the Senators
Lire la suite »
Will Pierre Dorion remain general manager of the Ottawa Senators under new ownership?Dorion has served as the Senators’ general manager since 2016.
Lire la suite »
GARRIOCH: The sale of the Ottawa Senators may only be days awayThe estate of late owner Eugene Melnyk is closing in on a sale of the Ottawa Senators,
Lire la suite »