On Thursday, Rogers said it received a “no-action letter” from the Competition Bureau, indicating that it does not intend to challenge the deal, which would give Rogers a 37.5-per-cent stake in the professional sports and entertainment company.
Rogers is still awaiting league approvals and the green light from the Canadian Radio-television and Telecommunications Commission. Rogers has the right to buy the remaining quarter of the company from MLSE’s chairman, Larry Tanenbaum, in 2026.
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