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Rogers raises revenue outlook to reflect MLSE majority stake
Summary by Financial Post
3 Articles
3 Articles
Rogers Communications hopes to find "revenue and cost synergies" in its expanded sports asset portfolio after becoming the majority shareholder of Maple Leaf Sports & Entertainment (MLSE).
·Montreal, Canada
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After MLSE deal, Rogers looks to trim costs and boost revenue - MoneySense
Rogers Communications Inc. hopes to find “revenue and cost synergies” in its expanded portfolio of sports assets after becoming the majority owner of Maple Leaf Sports & Entertainment. The Toronto-based telecom company believes its stock price undervalues its media and sports holdings and says it is “pursuing all options … to monetize and surface the very substantial unrecognized market value” of those assets. Earlier this month, Rogers comple…
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Bias Distribution
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50% Right
L 50%
R 50%
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