Steelback owner wants to buy the Penguins
TSN.ca is reporting that Steelback Brewery owner Frank D’Angelo and chief executive of the drug maker Apotex Inc., billionaire Dr. Barry Sherman, are interested in purchasing the Pittsburgh Penguins.
“Steelback beer in Steeltown, what an incredible fit,” D’Angelo said told the Ottawa Citizen.
Unlike former prospective Penguins buyer, Canadian billionaire Jim Balsillie, D’Angelo and Sherman say that they are fully committed to keeping the team in Pittsburgh. The two businessmen are very interested in getting into the sports business, and have decided that buying the Penguins is their best way in.
“We are going to be pursuing every avenue to get into the sports business, and what better way then to invest in a great franchise like the Pittsburgh Penguins,” D’Angelo told the paper. “We want to go in there, buy the team, and make sure it has a proper home. The City of Pittsburgh deserves to keep its team.”
D’Angelo and Sherman are currently trying to set up a meeting with the Penguins’ ownership. If it all goes well, a press conference is expected later this week.
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