The race is wide open and the expectation is the bids will now be somewhere between $800 million and 1 billion. Owners Anna and Olivia Melnyk have told bidders they want to retain 10% of the franchise, which means the price will be a lower as a result.
The chief executive officer of the Andlauer Healthcare Group, Andlauer, a Montreal native, founded his current business 35 years ago. During the pandemic, it had a deal with the federal government to transport COVID-19 vaccines across the country.Article content Those close to Andlauer say his group remains serious in its pursuit of the Senators and is continuing its due diligence before final bids are due.
Toronto billionaires Jeffrey and Michael Kimel have also remained in this process since the club went up for sale. They tried to partner with the late Eugene Melnyk on a bid with the National Capital Commission for a new rink at LeBreton Flats, but he was advised not to do the deal. Two weeks ago, Los Angeles-based rapper Snoop Dogg confirmed on Instagram that he had joined a bid led by producer Neko Sparks. A hockey fan, Snoop Dogg wants to bring the game to youth and help carve a path for children to get involved in the sport.
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