Habs owner bailed out by province
Last Updated: Tuesday, May 8, 2001 | 9:40 AM ET
A subsidiary of the Caisse is lending $140 million to Gillett, completing the financing of Gillett's $275-million purchase of the hockey team and arena.
Molson retains a 20% stake in the hockey club.
A spokesperson for the Caisse says the loan is a deal that meets the pension fund's highest investment criteria.
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