Cable / Telecom News

Bell/Molson to buy Habs, Quebecor shut out

MONTREAL – Bell has confirmed its minority interest in the Molson family's bid to acquire the Montréal Canadiens hockey club and the Bell Centre arena. Team owner George Gillett and Geoff Molson announced Saturday that they had reached an agreement in principle for the sale of the Gillett family's interests in the Canadiens, the Bell Centre and Gillett Entertainment Group. Expected to close in late August, the transaction requires the approval of the Board of Governors of the National Hockey League. Financial and other terms of the agreement were not disclosed. "Bell's relationship with the Montréal Canadiens spans many glorious...