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Announced

Fenway Sports Group to invest in Pittsburgh Penguins.

Synopsis

Fenway Sports Group, a global sports, marketing, media, entertainment, and real estate company, agreed to invest in Pittsburgh Penguins, a professional ice hockey team based in Pittsburgh. Financial terms were not disclosed. "The Pittsburgh Penguins are a premier National Hockey League franchise with a very strong organization, a terrific history and a vibrant, passionate fan base. We will work diligently to continue building on the remarkable Penguins' tradition of championships and exciting play," Tom Werner, FSG Chairman.

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