Tag Archives: allocated costs

Would the owner of the PNC Arena where the Carolina Hurricanes play hockey be better off financially if the arena were to shut down?

The Gale Force Holdings Limited Partnership owns both the Carolina Hurricanes (a professional hockey team) and the PNC Arena where the Hurricanes play. A recent news article stated that the Carolina Hurricanes owner lost $1.3 million in operating the PNC Arena for the fiscal year ending June 2015 (Forbes, Mike Ozanian, ‚ÄúCarolina Hurricanes Owner Lost […]

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