Announced

Doug Ostrover and Marc Lipschultz to acquire a majority stake in Tampa Bay Lightning and Vinik Sports Group from Jeff Vinik.

Synopsis

Investors Doug Ostrover and Marc Lipschultz offered to acquire a majority stake in Tampa Bay Lightning, a professional ice hockey team, and Vinik Sports Group, a digital media and NHL franchise company, from Jeff Vinik. Financial terms were not disclosed. “Since 2010, we have focused on building the Lightning into a world-class organization, and now we’ve found world-class partners who share in our mission of being a community-first organization. Doug and Marc share my commitment to providing the Lightning with all the resources they need to excel and are excited to become part of the Tampa Bay community. I’m confident that together, with the ongoing leadership of Steve Griggs and Julien BriseBois, this organization will continue to find success," Jeff Vinik, Tampa Bay Lightning Chairman & Governor.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US