In a joint press release Thursday evening, Rogers, Shaw and Quebecor Inc. said they are “disappointed” the mediation session did not yield a negotiated settlement.Sign up to receive daily headline news from the Calgary SUN, 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. Postmedia Network Inc.
Thursday evening’s outcome comes just a few days after Industry Minister Francois-Philippe Champagne put new conditions on the deal, specifically targeting the sale of Shaw-owned wireless carrier Freedom Mobile to Quebecor’s Videotron, a key component in the proposed transaction. He also said he would “expect to see” wireless prices in Ontario and Western Canada lowered by about 20 per cent, putting them in line with Videotron’s current Quebec offerings.Quebecor agreed to buy Freedom Mobile for $2.85 billion earlier this year.
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Rogers, Shaw, Quebecor say mediation talks with Canada’s competition watchdog failed to resolve merger objectionsMediation talks have failed to resolve the Competition Bureau’s objections to the $26-billion merger between Rogers and Shaw, the telecoms said Thursday.
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Rogers, Shaw fail to reach agreement with competition watchdog on proposed merger | Globalnews.caRogers, Shaw and Quebecor say they are 'disappointed' a mediation session with the Competition Tribunal did not yield a negotiated settlement.
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Rogers-Shaw merger mediation session fails to yield settlement - BNN BloombergRogers Communications 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. This deal is bad for consumers and competition.
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Rogers-Shaw merger mediation session fails to yield settlementRogers 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. Great owning Shaw mean rate hikes. need more competition No to merger!
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Rogers-Shaw merger mediation session fails to yield settlement | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
La source: natnewswatch - 🏆 58. / 59 Lire la suite »