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Rogers Communications, Bell
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 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 buys Bell’s MLSE stake for CAN$4.7bn
The Canadian telecommunications giant will become the controlling owner of the multi-team corporation with a 75% stake.
What the Rogers takeover of MLSE means for the Maple Leafs, Raptors and TSN
Larry Tanenbaum owns 20% of MLSE after recently selling 5% to The Ontario Municipal Employees Retirement System, a Canadian public pension fund. Reports have said Rogers and Bell had the right to buy out Tanenbaum’s stake in MLSE in 2026. That right presumably would now go to Rogers should the mega deal close next year.
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.
Rogers Communications buys out Bell stake in Maple Leafs Sports for $3.5 billion
Rogers Communications Inc. is buying out Bell’s 37.5% share of Maple Leaf Sports & Entertainment for $3.5 billion
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.
21h
on MSN
What Rogers' Purchase of MLSE Will Mean for Raptors Fans
Jack Armstrong isn't going anywhere.Despite Rogers' decision to buy out Bell's 37.5% stake in MLSE, the two telecommunication ...
Sports Business Journal
22h
Ed Rogers positioned to have full reign over sports empire after MLSE deal
Ed Rogers will have achieved his desire of total power over MLSE if Rogers' deal to acquire Bell's 37.5% stake is completed.
18h
Rogers wins over MLSE with no outside financing
Bell did not require Rogers to prearrange payment for the purchase of its stake in Maple Leaf Sports & Entertainment in a ...
21h
RCI to Gain MLSE's Majority Control: How Should You Play the Stock?
Will these investments improve RCI shareholder’s earning prospects? Let’s find out. In the first half of 2024, Media Revenues, consisting of sports media and entertainment, increased 5% year over year ...
20h
‘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 ...
3h
With NHL national rights up soon, is Amazon the big winner after MLSE deal?
The deal makes tech giant Amazon a strong favourite to land national NHL broadcast rights once the current deal with Rogers ...
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