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 $4.7 billion, giving it 75 per cent ownership of the sports conglomerate. Rogers and Bell had held equal shares of MLSE, which owns the NHL Maple Leafs, NBA Raptors, CFL Argonauts, MLS Toronto FC and AHL Marlies.
Masai Ujiri’s future with Toronto Raptors dicier than ever after Rogers buys out Bell
From the moment it happened in 2011, the partnership seemed like a lower-stakes, modern-day version of mutually assured destruction: Bell Canada Enterprises and Rogers Communications, each other’s primary competitors, coming together to buy a majority share of Maple Leaf Sports and Entertainment (MLSE).
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Rogers Communications (TSE:RCI.B) Shareholders Assess the Potential of a Sports DynastyEarlier this week, Rogers Communications ($TSE:RCI.B) purchased BCE’s (TSE:BCE) entire stake in the Maple Leaf Sports & ...
Rogers Communications Inc. Cl B closed C$9.87 below its 52-week high of C$64.71, which the company achieved on January 24th.
Experts say rising team valuations and the desire to forge a legacy are likely at the heart of what motivated Rogers Communications Inc. executive chair Edward Rogers to bolster the company's ...
BMO Capital analyst Tim Casey maintained a Buy rating on Rogers Communication (RCI – Research Report) yesterday and set a price target of ...
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 ...
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.
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Rogers Communications Inc. is taking control of professional sports in Toronto by acquiring rival BCE Inc.’s stake in Maple ...
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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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