Toronto billionaire Michal Andlauer has agreed to acquire the NHL's Ottawa Senators.
Toronto-based billionaire Michael Andlauer has reached a deal to acquire the NHL's Ottawa Senators, according to a person familiar with the matter.
The deal, which is reportedly valued at nearly $1 billion, sets a record as the highest price paid for a NHL team, the person said.Ottawa Senators goaltender Alex Auld stops Nashville Predators' Patric Hornqvist, right, during second-period NHL hockey action in Ottawa, Ontario, Thursday, Feb. 9, 2012. Toronto-based billionaire Michael Andlauer has agreed to acquire the Senators, setting a record for the highest price paid for an NHL team, according to a person familiar with the matter.
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