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Rogers buys Bell's share 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 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 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,
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Rogers' MLSE deal and its ever growing power
Last week, telecomms giant Rogers Communications became a majority owner of Maple Leafs Sports and Entertainment, putting ...
4d
Rogers shoots, Rogers scores: How the MLSE deal happened
The telecom launched a bold strategy of creating a single platform containing all of Toronto’s major pro sports franchises as ...
2d
Opinion | Raptors mailbag: How will the Rogers takeover of MLSE impact Masai Ujiri?
In this week’s mailbag, Doug Smith answers questions about the Rogers-MLSE deal, how the WNBA can keep succeeding, ...
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Rogers' MLSE deal and its evergrowing power - Transcript
For more episodes of this podcast, please click this link.
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Legacy, financial opportunity likely motivated Rogers for MLSE takeover: experts
Experts say rising team valuations and the desire to forge a legacy are likely at the heart of what motivated Rogers ...
2d
TD Bank’s next CEO, Rogers’ MLSE deal and Canada’s new mortgage rules: Must-read business and investing stories
A 'for sale' sign outside a home in Toronto. Changes planned to Canada's mortgage rules will take effect Dec. 15, and ...
Yahoo Finance
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RCI to Gain MLSE's Majority Control: How Should You Play the Stock?
Rogers Communications RCI, on Wednesday, announced that it plans to buy out Bell’s 37.5% ownership stake in Maple Leaf Sports & Entertainment (“
MLSE
”), one of the leading sports and ...
5d
‘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 ...
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