Rogers gets all league approvals for MLSE stake buy

Rogers said Wednesday that it has received all sports league approvals to buy Bell’s 37.5 per cent stake in Maple Leaf Sports and Entertainment (MLSE). The cable giant got approvals from the NHL, NBA, CFL, MLS, and the American Hockey League (AHL) to become 75 per cent owners -- which it values at $15 billion -- in the sports empire. The company now requires CRTC approval “to acquire an additional indirect interest in Toronto Raptors Network Ltd (NBA TV Canada), representing a very small portion of the transaction,” it said in a press release. “We’re pleased to have league approvals...