Rogers, Shaw extend closing date of merger to Feb. 17

  • 📰 calgaryherald
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 52%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The companies involved in the Rogers deal to buy Shaw have extended the deadline to complete the transaction.

Play Video

Rogers, Shaw, the Shaw Family Living Trust and Quebecor Inc. say they have extended the deadline to Feb. 17 from Tuesday.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

The agreement is still waiting for approval by Industry Minister Francois-Philippe Champagne who must sign off on the transfer of wireless spectrum licenses from Shaw to Videotron. The companies say they are continuing to work with the government to secure the final approval needed to close the transactions.

The deal cleared a key hurdle last week after the Federal Court of Appeal dismissed a Competition Bureau request to overturn approval of the agreement by the Competition Tribunal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rogers, Shaw and Quebecor extend deadline on proposed deal to Feb. 17All three companies say they remain committed to the deal, which has been in the works for nearly two years; the transaction is awaiting approval from Federal Industry Minister François-Philippe Champagne
Source: globeandmail - 🏆 5. / 92 Read more »

Rogers-Shaw deadline extended to Feb. 17 as companies await government approval - National | Globalnews.caRogers Communications Inc and Shaw Communications Inc said on Monday they had extended the deadline for their $26 merger to Feb. 17 from January end,
Source: GlobalNational - 🏆 81. / 51 Read more »

Companies extend deadline to close Rogers-Shaw deal to Feb. 17The companies involved in the Rogers Communications Inc. deal to buy Shaw Communications have extended the deadline to complete the transaction. 🤗 Sadly within time most will comes to be Rogers...🇨🇦 Thanks Trudeau. This merger is deadly because there is absolutely no competition between telecommunication companies already. Clients go from one company to the other but it is all the same. Robbing the population. Supreme court is not impartial and that is sad to see.
Source: CP24 - 🏆 30. / 67 Read more »

Companies extend deadline to close Rogers-Shaw deal to Feb. 17If approved, the deal will see Rogers acquire Shaw, while Quebecor’s Videotron subsidiary will acquire Shaw’s Freedom Mobile wireless business.
Source: TorontoStar - 🏆 60. / 55 Read more »

Companies extend deadline to close Rogers-Shaw deal to Feb. 17The companies involved in the Rogers Communications Inc. deal to buy Shaw Communications have extended the deadline to complete the transaction. Definition of insanity: doing the same thing over and over again and expecting different results. ALL ABOUT THE MONEY NOT PEOPLE!!!!1
Source: CTVCalgary - 🏆 26. / 68 Read more »

Rogers, Shaw extend closing date of merger to Feb. 17The companies involved in the Rogers deal to buy Shaw have extended the deadline to complete the transaction. The utter betrayal of Canada for corporate greed.
Source: TheTorontoSun - 🏆 23. / 68 Read more »