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Pittsburgh Penguins Sale Hits Snag, Hoffman Family Wait

Published 3 weeks, 5 days ago
Description

The Pittsburgh Penguins sale to the Hoffman Family of Companies, valued at $1.7 billion, has been pending for nearly three months. Despite Fenway Sports Groups celebratory statements, the NHL has yet to approve the deal. The Hoffmans, with a net worth of $2 billion and experience in hockey, have been praised for their passion and business acumen. However, the league is still reviewing the purchase, with rejections being rare but not unprecedented.

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