UPDATE: 12/12/11, 5:30 p.m., McCarthy Tétrault advised Bell Canada parent company BCE, and Torys represented Rogers Communications, in negotiating the shareholders agreement between the two companies that led to Bell and Rogers jointly acquiring the 75 percent stake in MLSE.

Two of Canada’s largest telecommunications companies aim to score a sizable chunk of the company that owns the NHL’s Toronto Maple Leafs and the NBA’s Toronto Raptors.

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