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Rogers, Bell and Maple Leaf
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 U.S.), giving it 75% ownership of the sports conglomerate. Rogers and Bell had held equal shares of MLSE,
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' Bold Move Could Have Huge Impact on Maple Leafs' Future
Rogers Communications has officially taken majority control of Maple Leaf Sports and Entertainment (MLSE), the parent company of the Toronto Maple Leafs, in a humongous $3.5 billion deal as announced on September 18.
MarketWatch
47m
Rogers Communications Inc. Cl B stock rises Thursday, still underperforms market
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 ...
wealthprofessional.ca
8h
Rogers to buy out rival's stake in MLSE, gaining 75% ownership
This acquisition will give Rogers a 75 percent ownership stake in MLSE, which owns several prominent sports teams, including ...
13h
Why BCE was forced into selling its MLSE stake to arch-rival Rogers
With BCE’s financials in disarray, resulting in debt-rating downgrades from two different agencies, the company’s CEO had to ...
1d
Rogers Communications Inc. Cl B stock falls Wednesday, underperforms market
Rogers Communications Inc. Cl B closed C$10.71 short of its 52-week high of C$64.71, which the company reached on January ...
10h
Rogers Communications: A Strategic Acquisition with Enhanced Valuation Prospects
BMO Capital analyst Tim Casey maintained a Buy rating on Rogers Communication (RCI – Research Report) yesterday and set a price target of ...
23h
Why Rogers taking control of MLSE won’t stop the mushrooming TV chaos for sports fans
Rogers’ acquisition of Bell’s 37.5-per-cent stake in Maple Leaf Sports & Entertainment is unfolding against a backdrop of ...
18h
on MSN
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 ...
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Bell Canada
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