"This would enable Rogers to potentially bring every major Toronto sports franchise under one umbrella, which could garner interest from outside investors or be IPOed."
(Bloomberg) -- 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. Most Read from BloombergCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughAOC Proposes $30 Billion Social Housing AuthorityNew York City’s Transit System Plans $65.4 Billion of Upgrades for Grand Central, SubwaysTo Build a Happier City, Design for Dens
Canada's main stock index fell on Wednesday due to losses in energy shares, even as markets braced ...