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Lightning selling minority ownership stake at $1.4 billion team valuation: report

The Lightning are in the process of selling a minority stake in the team in a transaction valuing the club at $1.4 billion, according to a report from Sportico. Arctos Sports Partners, a New York- and Dallas-based private equity firm that invests passive minority ownership shares in professional sports franchises, first purchased a stake in the Lightning in late 2021 from Jeff Vinik and now ...
United States Tampa Bay Jeff Vinik Fenway Sports Group Vinik Sports Group Yuengling Center
Source: yahoo.com

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