Leafs purchase complete after CRTC approves channels' sale

OTTAWA-GATINEAU – The CRTC has green-lit the sale of sports channels owned by Maple Leaf Sports & Entertainment (MLSE) to a company co-owned by Rogers and BCE, effectively closing the $1.32 billion transaction that will see the two communication companies take a majority stake in the sports and entertainment giant. While the transaction involved several sports-related properties including the Toronto Maple Leafs and the Toronto Raptors, the CRTC's review was limited to the five television services owned by MLSE - Leafs TV, Gol TV and NBA TV Canada, as well as un-launched services Mainstream Sports and Live Music Channel. "When...