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

July 9 (Bloomberg) -- 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

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