Announced
Completed
Financials
Tags
Canada
ice hockey
Friendly
Single Bidder
Acquisition
Domestic
Private
sports team
hockey team
Entertainment
Majority
Completed
Synopsis
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.
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