April 9, 2009 / 3:39 AM / in 9 years

Celine Dion eyeing bid for Montreal Canadiens

TORONTO (Hollywood Reporter) - Canadian pop star Celine Dion, Cirque du Soleil founder Guy Laliberte and Quebec cable giant Quebecor Media have emerged as potential bidders for the Montreal Canadiens NHL team.

<p>Celine Dion performs on stage at the Stade de Geneve in Geneva July 9, 2008. REUTERS/Denis Balibouse</p>

Quebec broadcaster Radio-Canada said Wednesday that the Bank of Montreal has signed confidentiality agreements with 10 potential suitors who have until 5 p.m. Thursday to submit formal bids to 80 percent majority owner George Gillett, a Denver-based sports team and events promoter.

Other interested parties include U.S. investment firm Spectrum Equity; Montreal businessman Stephen Bronfman of Claridge Investments, a cousin of Warner Music Group chairman and CEO Edgar Bronfman Jr.; and the Caisse de depot et placement, a provincial pension fund giant.

In addition to picking up the hockey team, a Canadiens buyer would acquire the Bell Center arena in Montreal and a concert promotion division.

Gillett also owns Richard Petty Motorsports and the U.K.’s Liverpool soccer club.

Editing by Sheri Linden at Reuters

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below