The Pittsburgh Penguins sent us and other media outlets the following. By the time you read it, it will probably be out on their website too.
To Review Strategic Options
The Pittsburgh Penguins confirmed today that they have engaged Morgan Stanley to oversee a review of their strategic options.
Mario Lemieux and Ron Burkle lead the partnership that has owned the Penguins for the past 16 years – a tenure highlighted by winning the Stanley Cup in 2009 and opening a state-of-the-art arena, CONSOL Energy Center, in 2010.