[Updated at 1:45 p.m. ET] Atlanta will be losing a National Hockey League team for the second time, and Winnipeg, Manitoba, will be gaining one for the second time.

The new owner of the franchise, True North Sports and Entertainment, announced Tuesday that it has acquired the team from its current owners, Atlanta Spirit.

The Thrashers will be the second NHL franchise Atlanta has lost to Canada. The Flames moved to Calgary, Alberta, in 1980. Winnipeg lost its previous NHL team, the Jets, to Phoenix in 1996. The team was renamed the Coyotes in Phoenix.

NHL's Atlanta Thrashers set to move to Winnipeg