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Andlauer spent nearly $1 billion to purchase a
large majority stake in the team, a deal that was agreed to in
June. As part of the deal, 10 percent of the franchise will be
owned by Anna and Olivia Melnyk, the daughters of late owner
Eugene Melnyk.
Eugene Melnyk had owned the franchise since 2003. He died last
year from an illness at age 62.
"The Ottawa Senators Hockey Club is an amazing organization,
from the players, to the staff, to the most passionate fanbase
in the game," Andlauer said in a statement. "My family and I are
thrilled to officially be a part of Ottawa's team and the
Ottawa-Gatineau community.
"Thank you to the NHL and the Melnyk family for the opportunity
to make this a reality and entrusting me to steward this
remarkable franchise into the future. Thank you also to my
equity partners and advisors on the transaction, who like me are
aligned and committed to bringing on- and off-ice success to the
National Capital Region."
Andlauer, 57, shared plans for a new arena for the Senators as
part of his bid.
--Field Level Media
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