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Competition Bureau Green Lights Bell/ Rogers Acquisition Of MLSE

Submitted by on May 3, 2012 – 10:57 am One Comment

The Competition Bureau confirmed this morning that it does not plan to challenge the $1.07 billion Bell/ Rogers’ acquisition of Maple Leaf Sports and Entertainment (MLSE).  Bell and Rogers have long been rivals for many years so it did come as a shock to see them join forces to purchase Canada’s largest sports and entertainment company.  Each has paid the Ontario Teachers’ Pension Plan about $533 million for a 37.5 per ownership of MLSE.

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Dave Forde

Dave “The Connector” Forde has been involved in the technology industry across Canada for over 10 years in sales and marketing roles, he launched PR In Canada, and on Profectio.

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One Comment »

  • Yet another reason to nationalize Canadian telecom infrastructure. Instead of allowing them to acquire MLSE, they should be made to improve cell and interrnet service for all Canadians to a minimum level. Only then should this takeover be considered.