Rogers Communications Gets Sports League Approvals for $3.43 Billion MLSE Stake Acquisition

MT Newswires Live

06/05

Rogers Communications (RCI) received all sports-league approvals for the 4.7 billion Canadian dollar ($3.43 billion) purchase of BCE's (BCE) 37.5% stake in Maple Leaf Sports & Entertainment.

The National Hockey League, National Basketball Association, Canadian Football League, Major League Soccer and the American Hockey League, approved the deal, Rogers said Wednesday in a statement.

Rogers is boosting its stake in MLSE to 75%. The transaction is subject to approval by the Canadian Radio-television and Telecommunications Commission to buy an additional indirect stake in Toronto Raptors Network (NBA TV Canada), which represents a "very small portion" of the deal, Rogers said.

The deal for BCE's stake in MLSE was announced in September.

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The transaction is subject to approval by the Canadian Radio-television and Telecommunications Commission to buy an additional indirect stake in Toronto Raptors Network (NBA TV Canada), which represents a \"very small portion\" of the deal, Rogers said.</p><p>The deal for BCE's stake in MLSE was announced in September.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BCE","symbol_name":"加拿大貝爾","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2541091958","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541091958","pubTimestamp":1749071281,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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The transaction is subject to approval by the Canadian Radio-television and Telecommunications Commission to buy an additional indirect stake in Toronto Raptors Network (NBA TV Canada), which represents a \"very small portion\" of the deal, Rogers said.The deal for BCE's stake in MLSE was announced in September.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}