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Here are some details from the Bain buyout offer and the value of franchises .
Leafs, Habs top tier in Bain bid
Canada's premier NHL teams valued at US$225M apiece by private-equity bidders
Paul Brent and Theresa Tedesco
Financial Post
May 28, 2005
US$4.3-billion private-equity bid for the National Hockey League priced the Toronto Maple Leafs and Montreal Canadiens at a league-high US$225-million apiece, more than double the value placed on the NHL's four other Canadian teams. The revised offer by Bain Capital LLC and Game Plan LLC -- up US$500-million from one in March -- values the league's 30 franchises in one of three groups.
The storied Montreal Canadiens, winner of a league-leading 24 Stanley Cups, and the Toronto Maple Leafs, one of the NHL's richest franchises, could split US$2.25-billion in a 10-team group, or US$225-million apiece if the pool was divided evenly.
In Bain's first bid, for example, the Toronto Maple Leafs were valued at US$105-million.
Three other Canadian teams, the Ottawa Senators, Edmonton Oilers and Vancouver Canucks are in a proposed second-tier of nine clubs that would split US$1-billion, ascribing a US$111-million value to each.
A third group of 11, which includes 2004 Stanley Cup finalists Calgary Flames, and Cup winning Tampa Bay Lightning, would split US$750-million under the proposal, valuing each team at US$68-million.
Full Story :
http://www.canada.com/montreal/montrealgazette/news/sports/story.html?id=d9c37633-7edb-4590-8c52-d59b472235cc