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BCE Inc (2)
Symbol BCE
Shares Issued 778,126,130
Close 2014-08-21 C$ 48.63
Market Cap C$ 37,840,273,702
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Globe says Rogers-BCE's MLSE just lost its superstar

2014-08-22 08:38 ET - In the News

Also In the News (C-RCI) Rogers Communications Inc

The Globe and Mail reports in its Friday edition the news that Tim Leiweke is leaving as president and chief executive officer of Maple Leaf Sports and Entertainment is more than a management shuffle -- it is a decapitation. The Globe's Cathal Kelly writes body he leaves behind will continue twitching for a while. Maybe a season or two, but eventually, it is going to die. Mr. Leiweke was MLSE's visionary. For the past year, MLSE has been run as a function of one man's outsized personality. It cannot just go back to being an insurance company that happens to own a hockey team. Troublingly, it also cannot find another guy who exists at Mr. Leiweke's level, because such a person does not exist. He was not just the best-connected sports executive in the country. He may have been the most hooked-in entertainment operator in the world. Just a few days ago, Mr. Killy wrote about Oklahoma City Thunder star Kevin Durant, and the possibility that he might choose Toronto in two years time. That was always a reach; without Mr. Leiweke, it is hopeless. Before Mr. Leiweke, MLSE worked like a bank. It had money. It offered money to people it wanted, and hoped they would come. Few did.

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