On September 10, 2010, Bell Canada announced plans to re-acquire 100% of CTVglobemedia's broadcasting arm, including its majority control of TSN. Under the deal, Woodbridge Company Limited, Torstar, and the Ontario Teachers' Pension Plan would together receive $1.3 billion in either cash or equity in BCE, while BCE would also assume $1.7 billion in debt (BCE's existing equity interest is $200 million, for a total transaction value of $3.2 billion). Woodbridge has since simultaneously regained majority control of "The Globe and Mail", with Bell retaining a 15% interest in December 2010. The deal closed on April 1, 2011, after the CRTC approved the sale on March 7, 2011 – the new company became known as Bell Media.