TORONTO — Rogers Communications Inc. and Canada's competition watchdog have failed to resolve their differences over the telecom giant's $26-billion proposed takeover of Shaw Communications Inc. following a mediation period and weeks of talks.
The Competition Bureau has been trying to block the deal, arguing that the transaction would lead to worse service and higher prices for consumers. In response, Quebecor said it would accept the industry minister's stipulations, agreeing to incorporate them in a new version of the transaction.
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