Companies extend deadline to close Rogers-Shaw deal to Feb. 17

  • 📰 TorontoStar
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 55%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

If approved, the deal will see Rogers acquire Shaw, while Quebecor’s Videotron subsidiary will acquire Shaw’s Freedom Mobile wireless business.

The agreement is still waiting for approval by Industry Minister François-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.Read more about:

 

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:

 /  🏆 60. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

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

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 »

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 »