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).
Rogers Communications Purchases Bell Media's 37.5 Percent Stake in Maple Leafs' Parent Company MLSE for $3.5US Billion to Take Controlling Interest
The deal is subject to regulatory and league approvals. According to Rogers, Bell is offered the opportunity to renew broadcast rights This includes access for 50 per cent of Maple Leafs regional games and 50 per cent of Toronto Raptors games for which MLSE controls the rights.
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.
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 ...
BMO Capital analyst Tim Casey maintained a Buy rating on Rogers Communication (RCI – Research Report) yesterday and set a price target of ...
With BCE’s financials in disarray, resulting in debt-rating downgrades from two different agencies, the company’s CEO had to ...
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With a controlling stake in the Maple Leafs, Blue Jays, Raptors, Argonauts and Toronto FC, Rogers chairman Edward Rogers owns ...
Ed Rogers will have achieved his desire of total power over MLSE if Rogers' deal to acquire Bell's 37.5% stake is completed.
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