Celine Eyeing Bid For Montreal Canadiens

Celine Dion eyeing bid for Montreal Canadiens

April 9, 2009, 1:35 pm

 

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.

 

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)

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