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Pittsburgh Penguins near $1.7B sale to Chicago's Hoffman Group, pending NHL approval.
The Pittsburgh Penguins are nearing a sale to the Hoffman Group, a Chicago-based company led by David Hoffman, according to multiple reports.
The deal, pending NHL approval, would see the team sold for $1.7 billion to $1.8 billion, nearly doubling Fenway Sports Group’s 2021 purchase price.
The sale marks a shift from earlier speculation about a minority stake and would be the team’s third owner in four years.
The new ownership will inherit a franchise in transition as stars Sidney Crosby and Evgeni Malkin near the end of their careers.
No official confirmation has been made by either party.
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Los Pittsburgh Penguins están cerca de una venta por $1.7 mil millones al Grupo Hoffman de Chicago, pendiente de la aprobación de la NHL.