Rogers Buys Rest of Rogers Sportsnet

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Subsidiaries of Rogers Communications Inc. and Fox Cable Networks Group reached an agreement Wednesday.

Rogers Media Inc. acquired Fox Sports Net Canada Holdings LLC’s 20% interest in Rogers Sportsnet Inc. for C$45 million ($37.038 million), giving Rogers 100% ownership of Rogers Sportsnet.

Rogers Sportsnet operates all-sports networks Rogers Sportsnet Pacific, West, Ontario and East, as well as Rogers Sportsnet HD.