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RDS Obtains Financial Documents on the Montreal Canadiens’ Cash Flow
Published by Kevin van Steendelaar on April 27, 2009
Article Source: Bleacher Report - NHL
On March 23rd of this year, Canadiens president Pierre Boivin stated, "The Gillett family has retained the services of financial advisers to assess various strategic alternatives to optimize the value of its corporate assets."
"In Canada, the family has retained the services of BMO Capital Markets and the process is underway."
The principal concern of Gillett is the reported defaulting payments on a $600 million loan that he and Dallas Stars owner, Tom Hicks, took to purchase the English Premier League's Liverpool FC. in 2007.
It brought sp...
Read Complete Article at Bleacher Report - NHL
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