MOOSEHEAD FINDS BUYER FOR HOCKEY CLUB INTEREST
By Adnews Staff
Moosehead Breweries of Saint John, NB has come to an agreement to sell its 64% interest in the Halifax Mooseheads Hockey Club to former NHL player Bobby Smith. The sale price was not disclosed. Derek Oland, chairman of Moosehead Breweries and current chairman of the hockey club, also announced Moosehead Breweries has signed a four-year sponsorship agreement with Smith. The team's name and location will remain unchanged. The brewery has been the team's majority owner since it was founded in 1994. It announced its intention to sell in May citing a desire to concentrate on its core business operations. The sale to Smith is expected to close next week.
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