Thursday, August 15, 2013

New Jersey Devils Sold

The New Jersey Devils have announced in a news conference this morning that the team has been sold to Josh Harris, the owner of the Philadelphia 76ers, as was widely reported prior to the official announcement.  Harris, who co-founded the private equity firm, Apollo Global Management Group, will reportedly hold majority ownership of the team, while previous owner Jeff Vanderbeek retains a minority interest.   

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