Breaking News

CDC Sees 550,000 to 1.4 Million Ebola Cases in Sierra Leone and Liberia by January
Tweet TWEET

Hulsizer May Make Offer for NHL’s St. Louis Blues, Globe & Mail Reports

Chicago businessman Matthew Hulsizer may offer as much as $170 million to buy the St. Louis Blues, Toronto’s Globe & Mail reported, citing a person familiar with the National Hockey League team.

Hulsizer, chairman of Peak6 Corp., would be offering more than the $120 million loan taken out by Blues Chairman Dave Checketts when he and TowerBrook Capital Partners bought the team for $150 million in 2006, the newspaper said.

TowerBrook Capital, which owns 70 percent of the team, said last year it wanted to sell its stake. Checketts and his company, SCP Worldwide, added their minority share to the sale.

Checketts said there were three “very strong” bidders for the team, the newspaper said. Besides Hulsizer, minority owner Tom Stillman is interested although his initial offer was rejected by the NHL, the Globe & Mail said, citing the unidentified person.

To contact the reporter on this story: Nancy Kercheval in Washington at nkercheval@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.