advertisement

Blues continue search for investor

Monday, August 23, 2010 | 12:22 p.m. CDT; updated 8:02 p.m. CDT, Monday, August 23, 2010

ST. LOUIS — With training camp just weeks away, the financial future of the St. Louis Blues remains somewhat uncertain.

TowerBrook Capital Partners announced more than three months ago that it would divest its investment in the NHL team. The St. Louis Post-Dispatch reports that the private-equity firm holds as much as a 75 percent stake in the team.

The newspaper says the search for an investor continues in earnest, though insiders tell the newspaper an agreement is far from imminent.

TowerBrook has said it will postpone divesting until Blues owner Dave Checketts can find a replacement.

Checkett's company, SCP Worldwide, is not commenting.

 


Like what you see here? Become a member.


Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Comments

Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.

advertisements