Tanenbaum Completes Purchase And Becomes Second Largest Shareholder Of MLSE
/ Toronto Maple Leafs
TORONTO - Lawrence M. Tanenbaum, the President of Kilmer Sports Inc. and the Chairman of Maple Leaf Sports & Entertainment Ltd. (MLSE), announced today that he has completed the previously announced purchase of an additional 7.7% of MLSE from CTVglobemedia Inc. As a result of the purchase, Mr. Tanenbaum has increased his ownership to 20.5% making him the second largest shareholder of MLSE. The Ontario Teachers Pension Plan, which holds 58.4%, continues to be the largest shareholder in MLSE. CTVgm continues to hold a 7.7% interest in MLSE.
Maple Leaf Sports & Entertainment Ltd. is a privately held organization that owns and operates sports and entertainment enterprises including Air Canada Centre, Toronto Maple Leafs, Toronto Raptors, Toronto FC, Leafs TV, Raptors NBA TV and the Toronto Marlies.