Ottawa Mayor Mark Sutcliffe says he is “delighted” that Michael Andlauer’s bidding group has reached a deal in principle to buy the NHL’s Senators.
The 57-year-old Andlauer is also the founder and chief executive officer of Andlauer Healthcare Group, which owns health-care supply chain companies. He’s also the founder of Toronto-based merchant bank Bulldog Capital Partners.
“The one thing that stood out with me is that we sat down and he said ‘first and foremost, I want to invest in Ottawa and I want to build a better hockey team, and win the Stanley Cup.’ I think that’s his goal,” said Sutcliffe.
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