Hoffmann Family Secures NHL Approval to Acquire Penguins

TL;DR Summary
HF Companies announced unanimous NHL Board approval to acquire the Pittsburgh Penguins, with closing expected soon and terms not disclosed. Geoff Hoffmann will serve as Governor, with Greg Hoffmann, Kyle Dubas and David Hoffmann as Alternate Governors. The deal broadens HF’s Western Pennsylvania footprint and adds a storied NHL franchise to its growing portfolio, which includes Viking Plastics, DHR Global and the Florida Everblades.
Topics:sports#acquisition#business#hoffmann-family-of-companies#nhl#pittsburgh-penguins#private-equity
- Hoffmann Family Receives Unanimous NHL Approval to Acquire Pittsburgh Penguins NHL.com
- Penguins sale unanimously approved by Board of Governors, Commissioner says NHL.com
- Penguins sale to Hoffmann Family of Companies formally approved TribLIVE.com
- Pittsburgh Penguins sale approved by NHL, release says WTAE
- 1 on 1 with Gary Bettman, who said the Penguins' new owners 'have a great track record' Pittsburgh Post-Gazette
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