Toronto sports fans rejoice!
http://www.tsn.ca/nhl/story/?id=357807
http://www.tsn.ca/nhl/story/?id=357807
It appears the Ontario Teachers' Pension Fund is looking to divest their shares in Maple Leaf Sports and Entertainment.
According to La Presse newspaper in Montreal, the Teachers' Pension Fund has hired investment bank Morgan Stanley to attempt to find a buyer for the 66% majority share of the company they own. The report states that the price tag for the sale is somewhere in the neighbourhood of $1.3 billion.
MLSE owns not only the Maple Leafs but also the Toronto Raptors of the NBA, Major League Soccer's Toronto FC as well as the Air Canada Centre, BMO Field and Ricoh Coliseum.
According to La Presse newspaper in Montreal, the Teachers' Pension Fund has hired investment bank Morgan Stanley to attempt to find a buyer for the 66% majority share of the company they own. The report states that the price tag for the sale is somewhere in the neighbourhood of $1.3 billion.
MLSE owns not only the Maple Leafs but also the Toronto Raptors of the NBA, Major League Soccer's Toronto FC as well as the Air Canada Centre, BMO Field and Ricoh Coliseum.
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