The Arrogant Worms Posted November 2, 2023 Share Posted November 2, 2023 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. 1 Quote Link to comment Share on other sites More sharing options...
Kragar Posted November 2, 2023 Share Posted November 2, 2023 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 1 Quote Link to comment Share on other sites More sharing options...
Coconuts Posted November 2, 2023 Share Posted November 2, 2023 2.5B is just the Habs valuation, it's worded funny He sold for 250m 1 Quote Link to comment Share on other sites More sharing options...
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