Firm wants to buy ENTIRE NHL for $3.5b
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03-03-2005, 10:11 AM
Join Date: Feb 2002
many business do sell for a multiple of revenues. So that's not the issue. Perhaps this investment firm would be looking to buy the arenas, and leases, and so forth. If you own the arenas, as do numerous hockey franchise owners, there's some nice profits coming in from sources other than hockey.
But, what's the sense of an offer? You cannot own 30 teams. The notion's a bit silly. At some point, what, 8 teams, it becomes anti-competitive and you're subject to monopoly issues (OK, that's a joke).
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