Montreal Canadiens 10% minority stake sold for a record $2.5BILLION enterprise valuation by Michael Andlauer to the Molson family

[mianjo]

Montreal Canadiens 10% stake bought at a record $2.5BILLION value

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

www.dailymail.co.uk

You buy a team for $950 million and you sell 10% of a team for $2.5 billion seems like a good deal.

Click to read more...

 

[Micklebot]

Montreal Canadiens 10% stake bought at a record $2.5BILLION value

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

www.dailymail.co.uk

You buy a team for $950 million and you sell 10% of a team for $2.5 billion seems like a good deal.

The team was valued at 2.5 billion, he sold his 10% stake for 250 mil

 

[HSF]

Montreal Canadiens 10% stake bought at a record $2.5BILLION value

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

www.dailymail.co.uk

You buy a team for $950 million and you sell 10% of a team for $2.5 billion seems like a good deal.

2.5 billion is the full value. He only gets 10% of that. Pretty good still

 

[Nac Mac Feegle]

Sweet deal. Covers a quarter of the Sens purchase.

Must be nice to be super rich.

 

[ottawagm]

Probably covers half of the Sens price. The other partners paid some as well.

 

[KingAlfie11]

Must be nice to be super rich.

You know what they say the bigger the river the bigger the drought! Or more money more problems if you prefer. Money is nice but it doesn't solve everything.

 

[Stylizer1]

Click bait.

 

[Xspyrit]

Sweet deal. Covers a quarter of the Sens purchase.

Must be nice to be super rich.

Come on, 250 M$ is not that much anymore

 

[Nac Mac Feegle]

You know what they say the bigger the river the bigger the drought! Or more money more problems if you prefer. Money is nice but it doesn't solve everything.

If someone wants to give me $250 mil to test that theory, I'm all ears.