Rogers to become majority owner of MLSE
Rogers To Become Majority Owner Of MLSE After $4.7B Buyout Of Bell
For over a decade, all of Toronto’s sport teams were owned by two telecommunications companies: Bell and Rogers. But that has changed with today's massive announcement.
Rogers buys out Bell's stake to become the largest owner in Canada's MLSE
Rogers Communications (NYSE:RCI) will buy Bell’s 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion, the company said on Wednesday. Rogers said financing for the stake purchase will not affect its debt leverage,
Rogers becomes largest owner of MLSE, buys Bell's 37.5% share for C$4.7B
Rogers Communications this morning announced it has signed an agreement to buy Bell’s 37.5% ownership stake in Maple Leaf Sports & Entertainment for C$4.7B.
Rogers to buy out Bell’s share of MLSE for $4.7B
Rogers is buying out Bell's 37.5 per cent share of Maple Leaf Sports & Entertainment for $4.7 billion, giving it 75 per cent ownership of the sports conglomerate.
Masai Ujiri’s future with Toronto Raptors dicier than ever after Rogers buys out Bell
From the moment it happened in 2011, the partnership seemed like a lower-stakes, modern-day version of mutually assured destruction: Bell Canada Enterprises and Rogers Communications, each other’s primary competitors, coming together to buy a majority share of Maple Leaf Sports and Entertainment (MLSE).
Rogers buys Bell's MLSE share, ups ownership stake to 75%
Rogers Communications signed an agreement to acquire Bell Canada Enterprise's 37.5% share in Maple Leaf Sports and Entertainment (MLSE) for $4.7 billion on Wednesday, giving it a majority stake in the massive sports company.
Rogers Communications to buy out Bell’s share of MLSE, which owns the Maple Leafs, for $4.7 billion
TORONTO — Rogers Communications Inc. is buying out Bell’s 37.5 per cent share of Maple Leaf Sports & Entertainment for $4.7 billion, giving it 75 per cent ownership of the sports conglomerate. Rogers and Bell had held equal shares of MLSE, which owns the NHL Maple Leafs, NBA Raptors, CFL Argonauts, MLS Toronto FC and AHL Marlies.
Bell sells ownership stake in Maple Leaf Sports & Entertainment; Rogers becomes majority owner
Rogers signed a deal to purchase Bell’s 37.5 percent ownership stake in MLSE, which owns the Maple Leafs and Raptors.
Rogers Communications buys out Bell’s share of Toronto Raptors ownership
The Toronto Raptors ownership is shifting around, but nothing much will change for the franchise. The Raptors and the NHL's Maple Leafs are owned by Maple Leaf Sports and Entertainment (MLSE). Rogers Communications and Bell (BCE) each own 37.
Rogers Communications ups stake in Raptors, Leafs, Toronto FC
Rogers Communications will become the majority owner of MLSE -- the parent company of franchises including the Toronto Maple Leafs and Raptors -- after agreeing to buy 37.5 percent of the organization.
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Bell sells stake in MLSE
Bell Canada Enterprises has sold its 37.5 per cent stake in Maple Leafs Sports and Entertainment to Rogers for $4.7 billion.
‘A monopoly on Toronto sports’: MLSE deal gives Edward Rogers full control of city’s major sports teams
If its $4.7-billion deal to snap up Bell Canada’s 37.5 per cent stake in MLSE is completed, Rogers will control 75 per cent ...