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 did not require Rogers to prearrange payment for the purchase of its stake in Maple Leaf Sports & Entertainment in a ...
Rogers Communications, which now controls all of Toronto's major men's sports teams, has had past interest in the NFL.
Shares of Rogers Communications Inc. Cl B RCI.B inched 0.17% higher to C$54.09 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX ...
BMO Capital analyst Tim Casey maintained a Buy rating on Rogers Communication (RCI – Research Report) yesterday and set a price target of ...
Previously, Bell and Rogers often clashed on business and personnel decisions, leading to delays in major organizational ...
Maple Leaf Sports & Entertainment Ltd. Sept 18 (Reuters) - Rogers Communications said it would buy Bell's stake in Maple Leaf Sports & Entertainment for C$4.7 billion ($3.46 billion) to become the ...
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Legacy, financial opportunity likely motivated Rogers for MLSE takeover: expertsExperts say rising team valuations and the desire to forge a legacy are likely at the heart of what motivated Rogers ...
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With a controlling stake in the Maple Leafs, Blue Jays, Raptors, Argonauts and Toronto FC, Rogers chairman Edward Rogers owns ...
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