Source: https://financialpost.com
TORONTO — Rogers Communications Inc. has received all necessary league approvals to buy out rival BCE Inc.‘s 37.5 per cent stake in Maple Leaf Sports & Entertainment, the telecommunications company said Wednesday.
Rogers announced Sept. 18 that it was buying Bell’s stake in Toronto-based MLSE, which includes the NHL’s Maple Leafs, NBA’s Raptors, CFL’s Argonauts, Major League Soccer’s Toronto FC and the American Hockey League’s Marlies, for $4.7 billion.
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