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Molson ownership history of the Canadiens:
• Sept. 24, 1957: Senator Hartland de M. Molson and his brother, Thomas H.P. Molson, buy the Canadiens and the Canadian Arena Co. from Senator Donat Raymond and Canadian Arena Co. vice-president William Northey. Purchase price not disclosed.
• May 15, 1964: Senator Molson and Thomas Molson sell the Canadiens and the Canadian Arena Co. to their cousins, J. David, William A. and Peter B. Molson for approximately $5 million.
• Dec. 30, 1971: Brothers David, William and Peter Molson sell the Canadian Arena Co. and the Canadiens to Placements Rondelle Ltée. for approximately $15 million. This syndicate, whose main shareholders are brothers Peter and Edward Bronfman, will later become Carena Bancorp.
• Aug. 4, 1978: Molson Breweries of Canada Ltd., under the terms of an agreement with Carena Bancorp, acquire the Canadiens and sign a long-term lease on the Forum covering the operation of the team as well as the entertainment division.
• June 22, 1993: Ground-breaking ceremonies are held for the Canadiens' new arena, the Molson Centre.
• March 16, 1996: The Canadiens play their first game in the Molson (later renamed Bell) Centre.
• Dec. 31, 2001: Molson Inc. announce the acquisition of 80.1 per cent of the Canadiens and 100 per cent of the Molson Centre by American businessman George N. Gillett Jr. The deal is valued at $275 million. Molson Inc. retains a 19.9 per cent stake in the hockey team. The transaction is approved by the NHL Board of Governors on June 19, 2001.
SOURCE: MONTREAL CANADIENS
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