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Rogers Communications owns the Blue Jays and their home at the Rogers Centre, several television stations and an array of other media properties including Maclean's and Chatelaine magazines.
"Ted Rogers was one of a kind who built this company from one FM radio station into Canada's largest wireless, cable and media company," said Rogers Communications chairman and acting chief executive officer Alan Horn.
Rogers, one of Canada's wealthiest people, earlier handed over his corporate duties to Horn.
Rogers bought the Blue Jays in 2000. This year, he arranged for the Buffalo Bills to play eight games over five years in Toronto.
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