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Posted

The recent equity purchase of the Carolina Hurricanes was done at a $2.6B valuation making it likely that the next NHL expansion fee is likely to surpass $3B. 
These guys were never losing the money they claimed but it’s getting harder and harder for them to pretend as the money keeps rolling in.

Posted
2 minutes ago, Mr Peabody said:

I’d want to see the cash flow statements before I plunk down my $3B. 

Why? The cash flow is almost inconsequential. 

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