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 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 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 secures grip on Toronto pro sports with $4.7B MLSE buyout
After its $4.7 billion buyout of Maple Leaf Sports & Entertainment from Bell, Rogers now controls all men's pro sports in Toronto, including the Toronto Maple Leafs, the Toronto Raptors, the Toronto Argonauts,
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.
Rogers Communications to buy out Bell's share of MLSE for $4.7 billion
In buying out Bell's ownership share of Maple Leaf Sports & Entertainment, Rogers Communication is going all-in.
BCE stock up after it sells minority stake in MLSE to Rogers for $4.7B
Shares of BCE (BCE.TO)(BCE) rose on Wednesday while Rogers Communications' (RCI-B.TO)(RCI) stock dipped, after it was announced that Rogers will buy BCE's minority stake in Maple Leaf Sports and Entertainment (MLSE) for $4.
Rogers purchases Bell’s MLSE stake for C$4.7bn
Canadian telecommunications heavyweight Rogers has signed an agreement to buy fellow Canadian telecoms company Bell's 37.5% ownership stake in the Toronto-based sports franchise owner Maple Leaf Sports & Entertainment (MLSE) for C$4.
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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Could Toronto Raptors ownership changes signal a wave of upcoming trades?
With Ed Rogers increasing his power over the Raptors, and Larry Tenenbaum with one foot out the door, the countdown for Masai ...
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 ...
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 ...
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Rogers shoots, Rogers scores: How the MLSE deal happened
The two telecoms expect to close the transaction by the middle of 2025. At that point, Rogers will own 75 per cent of MLSE ...
NBA rumors: Rifts between Raptors, Masai Ujiri beginning to form
Raptors president Masai Ujiri doesn't see eye-to-eye with the team's owner, leading to questions about his future with the ...
After Rogers’ MLSE deal, Leafs-Raptors-Jays IPO close to a slam dunk, say analysts
In the meantime, Larry Tanenbaum, who owns the other 25 per cent of MLSE through Kilmer, remains chair of the MLSE board, ...