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SBD/March 15, 2011/Franchises
Rogers Quiet On MLSE Stake, But Observers Believe Company Will Pursue Bid
Published March 15, 2011
TEACHERS AN EASY TARGET: The GLOBE & MAIL's Michael Grange noted the "average sports fan can identify by name or face Larry Tanenbaum, the only private investor in MLSE," but he is "just a minority partner" with a 20.6% stake. The "presence of Teachers has always provided those looking for reasons for MLSE’s unblemished championship record and long-standing playoff allergy an easy target: As long as the money rolled in and they got the good seats, the Teachers folks didn’t really seem to take that much of an active role in how things were done on the ice or the floor or the field" (GLOBESPORTS.com, 3/14).