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.
Molsons To Buy Canadiens For $500M