Report: NHL Terminates Hulsizer’s Purchase Agreement
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ST. LOUIS, Mo. (KMOX) — The NHL has terminated businessman Matthew Hulsizer’s purchase agreement to buy the St. Louis Blues. Minority owner Tom Stillman now has the opportunity to reach a deal and purchase the Blues franchise.
Jeremy Rutherford of the St. Louis Post-Dispatch broke the news Tuesday evening even though the original deadline set occurred on Saturday night before the new year. Three days later, the NHL finally made the announcement. Hulsizer, CEO of PEAK6 Investments, had the opportunity to finalize a deal since last October.
Tom Stillman has been the minority owner of the Blues since March of 2007. Stillman is chairman and CEO of Summit Distributing, a St. Louis-based beer distributor. Summit is the second largest beer distributor in the State of Missouri. The Minneapolis, Minnesota native serves on the boards of the St. Louis Blues 14 Fund, Commerce Bank, St. Louis Region, the St. Louis Sports Commission, and the Nature Conservancy in Missouri.
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