Rogers to buy Bell's stake in Maple Leaf for $3.46 billion
Rogers Communications said on Wednesday it had signed an agreement to buy Bell's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion ($3.46 billion). Financing for the deal will not affect Rogers' debt leverage,
Rogers Communications Purchases Bell Media's 37.5 Percent Stake in Maple Leafs' Parent Company MLSE for $3.5US Billion to Take Controlling Interest
Rogers, which already had a 37.5 percent stake in the company, would increase their ownership of the parent company that owns the Maple Leafs, Toronto Raptors, Toronto FC and Scotiabank Arena) to a majority stake of 75 percent. The sale would put a $9.3 billion US valuation on MLSE.
Rogers Buys Controlling Stake In Maple Leaf Sports For $4.7 Billion
Rogers Communications (RCI.B) is taking control of Maple Leaf Sports & Entertainment in a deal valued at $4.7 billion. Rogers is buying BCE’s (BCE) 37.5% share of the sports conglomerate, a move that will leave Rogers with 75% control of the company
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 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,
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.
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 ...
BCE Ells Its Ownership Stake In Maple Leaf Sports And Entertainment To Rogers For C$4.7 Bln
Canadian communications company BCE, Inc. (BCE, BCE.TO) announced Wednesday that it has reached an agreement to sell its ownership ...
Rogers to Become Majority Owner of Maple Leaf Sports & Entertainment
Signs agreement to buy out Bell’s 37.5% ownership stake in MLSE Will invest to bring championships to Canada Sportsnet will ...
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.
Bell Media Sells Minority Stake in Maple Leaf Sports & Entertainment for More Than $3B
Canadian phone giant BCE Inc. has inked a deal with rival telecom and cable TV giant Rogers Communications to sell its 37.5 ...
Rogers' Bold Move Could Have Huge Impact on Maple Leafs' Future
Previously, Bell and Rogers often clashed on business and personnel decisions, leading to delays in major organizational ...
All ‘attention’ on Maple Leaf Marching Band Classic
Geneseo High School will host the 34th annual Maple Leaf Marching Band Classic on Saturday. The event starts at 2:30 p.m., ...
Rogers buys majority stake in Maple Leaf Sports & Entertainment
Rogers Communications announced it has purchased Bell Canada Enterprises' 37.5% stake in Maple Leaf Sports and Entertainment ...
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Rogers Takes Bell’s Stake In Maple Leaf Sports & Entertainment
When the billion-dollar transaction closes, Rogers will be the largest owner of MLSE with a controlling Interest of 75% in ...