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Rogers, Maple Leaf Sports & Entertainment
Rogers Takes Control of Leafs, Raptors in $3.5 Billion Deal
Rogers Communications Inc. is buying BCE Inc.’s stake in Maple Leaf Sports & Entertainment Ltd. for C$4.7 billion ($3.5 billion), giving the telecommunications firm control of Canada’s most valuable sports company.
Rogers Communications buys out Bell stake in Maple Leafs Sports for $3.5 billion
Rogers Communications is buying out Bell’s 37.5% share of Maple Leaf Sports & Entertainment for $4.7 billion ($3.5 billion U.S.), giving it 75% ownership of the sports conglomerate. Rogers and Bell had held equal shares of MLSE,
Rogers to buy out rival's stake in MLSE, gaining 75% ownership
This acquisition will give Rogers a 75 percent ownership stake in MLSE, which owns several prominent sports teams, including the NHL’s Maple Leafs, the NBA’s Raptors, the CFL’s Argonauts, the MLS’s Toronto FC, and the AHL’s Marlies.
3h
on MSN
Rogers' Bold Move Could Have Huge Impact on Maple Leafs' Future
Rogers Communications has officially taken majority control of Maple Leaf Sports and Entertainment (MLSE), the parent company ...
19h
Rogers Communications Inc. Cl B stock falls Wednesday, underperforms market
Rogers Communications Inc. Cl B closed C$10.71 short of its 52-week high of C$64.71, which the company reached on January ...
8h
Why BCE was forced into selling its MLSE stake to arch-rival Rogers
With BCE’s financials in disarray, resulting in debt-rating downgrades from two different agencies, the company’s CEO had to ...
4h
Rogers Communications: A Strategic Acquisition with Enhanced Valuation Prospects
BMO Capital analyst Tim Casey maintained a Buy rating on Rogers Communication (RCI – Research Report) yesterday and set a price target of ...
1d
Rogers Communications Purchases Bell Media's 37.5 Percent Stake in Maple Leafs' Parent Company MLSE for $3.5US Billion to Take Controlling Interest
The deal is subject to regulatory and league approvals. According to Rogers, Bell is offered the opportunity to renew ...
8h
Business Brief: Rogers takes its shot
Rogers Communications Inc. is taking control of professional sports in Toronto by acquiring rival BCE Inc.’s stake in Maple ...
17h
Rogers is now one of the most expansive sports owners in the world. Here’s how it compares to others
Already owner of the Blue Jays, the Rogers Centre and broadcaster Sportsnet, Rogers has positioned itself at the top of Toronto sports. Among major Toronto franchises, only the Professional Women’s ...
20h
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 ...
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Bell Canada
Toronto Maple Leafs
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