Molson family reaches deal to purchase Canadiens
Saturday, 06.20.2009 / 6:06 PM / News
NHL.comMONTREAL – George N. Gillett Jr and Geoff Molson announced today that they have reached an agreement in principle for the sale of the Gillett family's interests in the Montreal Canadiens Hockey Club, the Bell Centre and Gillett Entertainment Group. They will hold a news conference as soon as the agreement is finalized.
Mr. Gillett was very appreciative of the extraordinary interest shown by a number of parties in the Montreal Canadiens, and acknowledged the fine work accomplished by the organization's management over the past eight years.
Congratulating and thanking Mr. Molson for the winning bid, Mr. Gillett said that he was pleased to return the ownership of the Canadiens to the Molson family, a family that has been associated with the Club for over three generations and committed to the Montreal community for seven generations over a 223 year period.