Tom Dundon Agrees to Sell 12.5 Percent Stake in Carolina Hurricanes at $2.66 Billion Valuation
Carolina Hurricanes owner Tom Dundon has reached a definitive agreement to sell a 12.5 percent interest in the NHL franchise at a valuation of $2.66 billion. The transaction involves three new minority partners but the identities of the investors remain private at this time. Strategic Move Amidst NBA Expansion The sale arrives as Dundon spearheads…