Rogers and Bell announce deal to buy 75% of MLSE

Bell Canada and Rogers Communications announced today they have agreed to purchase a 75% ownership position in Maple Leaf Sports and Entertainment (MLSE) from Ontario Teachers Pension Plan. Each company will own a 37.5% equity interest.

MLSE is Canada’s largest sports and entertainment company and owners of the Toronto Maple Leafs, Toronto Raptors, Toronto Marlies and Toronto FC.