Telecom/Mobile News Headlines | Tech News – Yahoo! India News: Toronto sports empire sold in C$1.32 bln deal

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Toronto sports empire sold in C$1.32 bln deal Dec 9th 2011, 17:05 TORONTO (Reuters) - Two of Canada's largest telecom and media companies will take control of the lucrative Toronto sports empire that owns the NHL's Maple Leafs in a C$1.32 billion deal that brings more premium content to their competing sports channels. Ontario Teachers' Pension Plan said on Friday it is selling its 79.5 stake in Maple Leaf Sports and Entertainment, which owns a prized collection of some of the most valuable sports teams and properties in Canada's largest city. ...

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