True Hockey's Andy Strickland is reporting that Matt Hulsizer signed a purchase agreement to buy the St. Louis Blues on Friday:
Multiple sources confirm Chicago Businessman Matt Hulsizer today officially signed a purchase agreement to buy the St. Louis Blues. The rumor of a signed purchase agreement has been ongoing but I'm told the documents were finally signed today.
Jeremy Rutherford of the St. Louis Post-Dispatch has received confirmation of this report from his own sources, so it appears Hulsizer has gotten one step closer to owning a majority stake in the Blues. Rutherford calls league approval of the deal "a formality," noting that Hulsizer had been unanimously approved to buy the Phoenix Coyotes before that particular deal fell through last year.
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