Molsons To Buy Canadiens For $500M
22nd June, 2009 - 6:28 pm
Gazette - The Molson family has reached an agreement in principle to buy the Canadiens for $500 million.

They were the last group to enter the bidding, but came away the victors on Sunday.

"There are still a lot of details that have to be hammered out," said Donald Beauchamp, the Canadiens' vice-president of communications.

Final approval of the deal is unlikely before August. [READ]

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