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

  • 📰 CP24
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 67%

México Noticias Noticias

México Últimas Noticias,México Titulares

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

Rogers, Shaw, the Shaw Family Living Trust and Quebecor Inc. say they have extended the deadline to Feb. 17 from Tuesday.

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 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.Related Stories

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

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.

Thanks Trudeau.

🤗 Sadly within time most will comes to be Rogers...🇨🇦

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 30. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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,
Fuente: GlobalNational - 🏆 81. / 51 Leer más »

Letter: Oil and gas companies don't need more taxpayer moneyShifting to renewable energy sources is the only way forward for Canada, this writer says.
Fuente: BurnabyNOW_News - 🏆 14. / 77 Leer más »