Michael Andlauer completed the acquisition of a 90% stake in Ottawa Senators from Eugene Melnyk for $950m.

Michael Andlauer, the founder and Chief Executive Officer of Andlauer Healthcare Group, completed the acquisition of a 90% stake in Ottawa Senators, a professional ice hockey team based in Ottawa, from Eugene Melnyk, a team owner, for $950m. "My family and I are very excited to be a part of the Ottawa Senators Hockey Club. I believe that the Senators' fanbase is one of the most passionate in the league and I'm excited to take the franchise's success both on and off the ice to the next level," Michael Andlauer.