Cable / Telecom News

Competition Bureau okays Leafs purchase

OTTAWA - The Competition Bureau confirmed Wednesday that it does not plan to challenge Rogers' acquisition of an ownership position in Maple Leaf Sports and Entertainment (MLSE). The Competition Bureau noted that it has one year following completion of such transactions during which it can bring the matter before the Competition Tribunal. MLSE is Canada's largest sports and entertainment company, and owns and operates the Air Canada Centre, the Toronto Maple Leafs, the Toronto Raptors, the Toronto FC, the Toronto Marlies, Leafs TV and RaptorsTV. Rogers announced on December 9, 2011 that it, along with Bell Canada, is jointly acquiring...