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NHL Approves Sale Of Blues To Stillman Group

May 09, 2012 3:39 PM EST

The NHL Board of Governors has approved the sale of the Blues to a group headed by St. Louis beer distributor Tom Stillman, the league announced Wednesday.

The sale price was not disclosed, but is believed to be about $130M.

The Stillman group will become the eighth owner of the Blues since the franchise came into existence in 1966.

Via ESPN.com