10 months ago
Michael Andlauer, who bought nan Ottawa Senators for $950 cardinal successful September, sold his 10 percent number liking successful nan Montreal Canadiens astatine a grounds $2.5 cardinal endeavor value, per a Sportico study Wednesday.
The Molson family, which owns a controlling liking successful nan Canadiens, exercised their action of nan first correct to bargain Andlauer's stake.
As portion of nan statement erstwhile he bought nan Senators, Andlauer was required to waste his Canadiens stake, which is simply a grounds for a standalone NHL team.
The Toronto Maple Leafs were portion of an $8 cardinal valuation this summer, but it was portion of a liking successful Maple Leaf Sports & Entertainment, which besides includes nan NBA's Toronto Raptors and Major League Soccer's Toronto FC.
Andlauer, nan laminitis and CEO of Andlauer Healthcare Group, had been a number proprietor of nan Canadiens since 2009, erstwhile nan Molson family bought nan squad from George Gillett for $575 million.
The Molson family bought backmost a 10 percent liking successful nan Montreal Canadiens astatine a $2.5bn value
That liking belonged to Michael Andlauer, who purchased nan Ottawa Senators successful June
The Canadiens are presently 3rd successful nan Atlantic Division aft playing 9 games
Andlauer was required to waste his liking successful nan Canadiens erstwhile he bought nan Ottawa Senators earlier this year.
Along pinch nan Senators, Andlauer's group acquired Ottawa's American Hockey League affiliate, nan Belleville Senators, from nan property of Eugene Melnyk.
The Melnyk property kept a 10 percent liking successful nan club.
Roughly 10 games into nan season, nan Canadiens are 3rd successful nan Atlantic Division, while nan Senators are past successful nan aforesaid division.
