Could Private Equity Solve Pro Hockey's Problems?

Action along the boards during a game between the Detroit Red Wings and the Chicago Blackhawks Photograph by Claus Andersen/Getty Images

When private equity firms go shopping for a takeover, they look for certain qualities. Weak management. Underachieving revenue. Opportunities to expand by taking on debt. Problems that are driving down value, but could be solved by a fresh set of outside managers.

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