TORONTO - The Ontario Teachers’ Pension Plan is holding on to its majority stake in Maple Leaf Sports and Entertainment, putting to rest rumours of a merger between the sports empire and the country’s broadcasters or telcos. “Following various unsolicited expressions of interest in MLSE, Teachers' and its advisors began a process in March of this year to review its ownership stake in the company”, reads a statement issued Friday by the OTPP. “Teachers' has concluded this eight-month process with the decision to maintain its stake in MLSE, which has been and continues to be a very successful investment.” With the...
