Tag: How much did Lemieux buy the Penguins for?
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How did Lemieux buy the Penguins?
[mks_pullquote align=”left” width=”300″ size=”20″ bg_color=”#00BCD4″ txt_color=”#ffffff”]Burkle originally invested $20 million when he and Lemieux purchased the Penguins in federal bankruptcy court in 1999. … Lemieux recouped $21 million of his original $25 million investment in 1999, which included $5 million in cash and $20 million…