US EditionRogers Closes Deal with BCE to Become Majority Owner of MLSE
- On July 1, 2025, Rogers Communications Inc. completed its $4.7-billion acquisition of BCE Inc.'s 37.5% share in the company that owns major Toronto sports franchises, thus becoming the controlling stakeholder.
- The agreement came after obtaining league and regulatory consent, enhancing Rogers’ collection of sports assets, which featured the Toronto Blue Jays, the Rogers Centre, and Sportsnet.
- Rogers CEO Tony Staffieri described MLSE as a leading organization in the global sports and entertainment industry and stated that he is proud of Rogers' majority ownership.
- Edward Rogers expressed the company’s dedication to success and its goal of delivering additional championships for Canadian fans.
- BCE plans to allocate the proceeds from the sale towards acquiring Ziply Fiber and will continue its sponsorship of Toronto sports teams while retaining content rights agreements through the 2043/44 season.
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Rogers closes deal with BCE to become majority owner of MLSE
Rogers Communications Inc. has closed its deal to buy BCE Inc.’s 37.5 per cent stake in Maple Leaf Sports & Entertainment to become the majority owner of the company.
·Kelowna, Canada
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Rogers Communications finalized an agreement to acquire a 37.5% share of BCE in Maple Leaf Sports & Entertainment (MLSE), thus becoming the company's majority shareholder.
·Montreal, Canada
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Total News Sources36
Leaning Left11Leaning Right2Center7Last UpdatedBias Distribution55% Left
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C 35%
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