Canada Regulator Won’t Challenge Rogers, BCE on Leafs Sale
Stock Chart for BCE Inc (BCE)
Under Canadian law, the bureau can still challenge the acquisition for one year after it’s completed, and is “actively reviewing” the transaction, the bureau said in a statement.
Rogers and BCE said Dec. 9 they agreed to buy a controlling stake in MLSE in a C$1.32 billion ($1.34 billion) deal to own the Toronto Maple Leafs of the National Hockey League and the Toronto Raptors of the National Basketball Association.
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