GARRIOCH: The bidders for the Ottawa Senators hope to have an answer soon

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GARRIOCH: The bidders for the Ottawa Senators hope to have an answer soon
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Those involved in the sale of the Ottawa Senators remain hopeful they\u0027ll have an answer by the end of the week.

As Postmedia reported, it’s believed Toronto billionaire Steve Apostolopoulos, who had the highest bid at $1 billion, is in the driver’s seat with negotiations in the final stage.

The bid by Andlauer is considered the most serious competitor to the one tabled by Apostolopoulos. Andlauer, 57, is a part-owner of the Montreal Canadiens and sits on the NHL’s board of governors. A report last Friday said the Kimels, the former minority owners of the Pittsburgh Penguins, had left the process, but Postmedia reported that wasn’t the case and, in fact, they’d added Salter, the CEO of New York-based Authentic Brands, to their bid.Article content

The executive committee includes Mark Chipman , Murray Edwards , Geoff Molson , Larry Tanenbaum Jeremy Jacobs , Henry Samueli , Craig Leipold , Jeff Vinik Rocky Wirtz and Ted Leonsis .Article content

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