A pair of private equity veterans are set to acquire National Hockey League (NHL) team the New Jersey Devils for $320 million.

The buyers include Josh Harris,  owner of National Basketball Association’s Philadelphia 76ers and co-founder of private equity firm Apollo Global Management LLC (NYSE: APO), and David Blitzer, a senior managing director at Blackstone Group LP (NYSE: BX). The two partners announced their purchase of the Devils, along with the lease to the Prudential Center in Newark, N.J. where the team plays, late Thursday, Aug. 15.

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