Teachers' Pension Plan considers selling MLSE shares

TORONTO - The Ontario Teachers' Pension Plan is considering selling its share of Maple Leaf Sports and Entertainment.

The organization made the announcement in a brief statement released late Saturday.

Currently, the pension plan has a 66 per cent majority share of Maple Leaf Entertainment.

The fund is the largest single-profession pension plan in Canada and has more than $100 billion in assets.

It represents the pensions of nearly 300,000 Ontario teachers.

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  The Ontario Teachers' Pension Plan is looking to sell its 66% share in Maple Leafs Sports and Entertainment.

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  Toronto Maple Leafs' Dion Phaneuf (3), Darryl Boyce (47) and Colby Armstrong (9) celebrate as Philadelphia Flyers' Danny Briere (48) skates off after Boyce's goal in the third period of an NHL hockey game, Thursday, March 3, 2011, in Philadelphia. Toronto won 3-2. (AP / Matt Slocum)