Rogers gets final regulatory approval for MLSE buy

By Ahmad Hathout Rogers has received the final regulatory approval it needs to purchase Bell’s 37.5 per cent stake in Maple Leaf Sports and Entertainment (MLSE), after the CRTC greenlit its purchase of the corresponding portion of NBA TV on Thursday. As a result of the approval, Rogers now owns 75 per cent of Toronto Raptors Network Ltd. (TRNL), which it valued at $37.2 million for the sake of determining tangible benefits. It offered to pay $3.7 million (10 per cent) to the broadcasting system as a condition of approval, which the CRTC accepted. The CRTC divided those amounts as...