Edmonton Investors Group
The Edmonton Investors Group Limited Partnership was the limited partnership that owned the Edmonton Oilers of the National Hockey League and the Edmonton Oil Kings of the Western Hockey League. With more than thirty individual shareholders, EIGLP was the largest ownership group in the NHL. Among the four North American major sports leagues, only the Green Bay Packers have a larger ownership group.
The EIG were the key players for keeping the Edmonton Oilers in Edmonton, Alberta long term by purchasing the team from then-owner Peter Pocklington for C$107 million ($140 million in 2012 Canadian dollars) and preventing the team by being purchasing the team for US$90 million ($128 million in 2012 American dollars) or C$127 million ($167 million in 2012 Canadian dollars).
Read more about Edmonton Investors Group: Daryl Katz Purchase Offers and Sale, Shareholders
Famous quotes containing the word group:
“No group and no government can properly prescribe precisely what should constitute the body of knowledge with which true education is concerned.”
—Franklin D. Roosevelt (18821945)