Boston Red Sox owner in talks to buy Pittsburgh Penguins hockey team – source

Reuters

– Boston Red Sox owner Fenway Sports Group LLC is in talks to buy the Pittsburgh Penguins, a source close to the deal said on Tuesday, adding that the hockey team’s senior leadership is expected to remain unchanged.

Mario Lemieux and Ron Burkle, who co-own the professional ice hockey team, had organized a group of investors that brought the Penguins out of bankruptcy in 1999.

The Wall Street Journal had first reported talks, citing people familiar with the matter, and said a deal could be finalized later this week.

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Fenway Sports Group was founded by John Henry, who has been its principal owner since its creation in 2001. The group also owns Liverpool Football Club and 50% of NASCAR’s Roush Fenway Racing.


(Reporting by Sanjana Shivdas in Bengaluru; Editing by Vinay Dwivedi)


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