MONTREAL and TORONTO – Bell and Rogers have officially completed their $1.32 billion purchase of an ownership position in Maple Leaf Sports & Entertainment (MLSE). The two companies said Wednesday that following all regulatory and sports league approvals, they have jointly acquired 75% equity ownership in MLSE, and have formed a holding company to govern their combined ownership position. The remaining 25% is held by Kilmer Sports Inc., owned by Larry Tanenbaum, who will continue to serve as chair of MLSE and as a governor of the National Hockey League, the National Basketball Association and Major League Soccer. "Investing in...
