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World Wide Technology founder divests stake in Blues

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World Wide Technology founder and Chair David Steward has divested his stake in the St. Louis Blues.

Steward reportedly had an ownership stake of less than 5% in the hockey team. The financial terms of the deal were not disclosed.

Michael Riney, founder and managing director of investment firm QRM Capital, has taken on the stake, according to the St. Louis Business Journal.

Read more from the St. Louis Business Journal.

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