Entertainment · 27 views
Rogers Closes $3.1 Billion Maple Leafs Sports Stake Acquisition, Keith Pelley to Return as Media Head
The Canadian cable TV and telco giant picked up the remaining 25 percent stake it did not already own to take full control of the company behind the Toronto Maple Leafs and Toronto Raptors pro sports teams.
AI Summary
Rogers Communications acquired the remaining 25 percent stake in Maple Leafs Sports & Entertainment, giving it full ownership of the company that operates the Toronto Maple Leafs and Toronto Raptors. The deal brings Rogers to 100 percent control of the franchise‑holding entity.
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