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Bell sells its stake in MLSE to Rogers for $4.7 billion

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Bell has sold its stake in Maple Leaf Sports & Entertainment, the company that owns the Toronto Maple Leafs and Toronto Raptors, to Rogers Communications for $4.7 billion.

Bell will remain the official telecommunications sponsor for the Raptors

The Bell logo is affixed to the side of the building.
The Bell Canada logo is seen on June 21, 2016 in Montreal. Bell has announced that it is selling its stake in Maple Leaf Sports & Entertainment to Rogers. (Paul Chiasson/The Canadian Press)

Bell has sold its stake in Maple Leaf Sports & Entertainment, the company that owns the Toronto Maple Leafs and Toronto Raptors, to Rogers Communications for $4.7 billion.

There will be more.

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