Radio / Television News

Rogers getting ‘substantial interest’ from investors in MLSE stake

By Ahmad Hathout Rogers executives said Wednesday that the cable giant has been getting “substantial interest” from institutional investors about a stake in Maple Leaf Sports and Entertainment (MLSE). “We’re in discussions with folks who are interested in the assets we own and are soon to acquire,” Rogers CFO Glenn Brandt said during the company’s first quarter earnings conference call with analysts. “It’s premature for me to start speculating on when that might result in a transaction. I would say we are engaged in those conversations in earnest. We are more aware than the market is reflecting right now of...