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Hurricanes owner hires investment bank to help him find minority partner

RALEIGH, N.C. – Carolina Hurricanes owner Peter Karmanos Jr. said he has hired an investment bank to help him find a minority partner.

Karmanos issued a statement Monday confirming the hiring of Allen&Co. but said “the intent is in no way to sell the team.”

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He said he has been exploring options for finding a minority partner since general partner Thomas Thewes died in 2008, and said Allen&Co. was hired “to assist us with the process.”