Report: Canadiens minority stake sold at record $2.5B valuation

[The Arrogant Worms]

https://www.espn.com/nhl/story/_/id/38796018/montreal-canadiens-minority-stake-sold-record-valuation

 

Michael Andlauer, who bought the Ottawa Senators for $950 million in September, sold his 10% minority interest in the Montreal Canadiens at a record $2.5 billion enterprise value, Sportico reported Wednesday.

 

 

The Molson family, which owns a controlling stake in the Canadiens, exercised their option of the first right to buy Andlauer's stake.

[Kragar]

That can't be right... the team is worth 2.5B, not his 10% stake.

 

There's no way the team is worth 25B... not even in $Cdn

[Coconuts]

2.5B is just the Habs valuation, it's worded funny

 

He sold for 250m