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Rogers, Bell to purchase Maple Leaf Sports

http://www.ottawacitizen.com/sports/Rogers+Bell+purchase+Maple+Leaf+Sports/5835964/story.html In this article they talk about how Rogers Communications confirmed Friday that it and Bell Canada plan to jointly acquire a controlling stake in Maple Leaf Sports & Entertainment (MLSE) – owners of the Toronto Maple Leafs from the Ontario Teachers’ Pension Plan. Ending an eight-month process, the Ontario Teachers agreed to sell a majority stake in MLSE to Canada’s two largest telecommunications firms Friday in a deal worth $1.4-billion. The companies have scheduled a news conference for 9:30 a.m. ET. in Toronto. This will be a fun news conferance to watch if you are a Maple Leafs fan or if your just a person who likes the news.


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