Rogers exec reveals his $2-million post-merger bonus during tribunal

Rogers’ president of integration, Dean Prevost, on Thursday testified before a tribunal that is determining the fate of the transaction, which will be the largest corporate acquisition in Canadian history if finalized. While much of Thursday’s hearing took place in camera due to the confidential nature of Prevost’s work on the merger, during an open portion the question of bonuses was raised.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

Before Crawford Smith, a lawyer for Rogers, could confirm the information was indeed confidential, Prevost had answered the question.This advertisement has not loaded yet, but your article continues below.Prevost also said he will not get the award if the merger does not close.are regional competitors for Rogers, particularly in British Columbia, Alberta and Southern Ontario. Other competing carriers include Saskatchewan Telecommunications Holding Corp. , Eastlink Inc., BCE Inc.

financialpost The more we dig into this deal the stinkier it gets. Started with consumers benefit➡️company in financial trouble ➡️Owners loosing money ➡️executive $2M bonus. What else?! This deal should be stopped it is a big charade, consumers are at loss

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Shaw CEO questioned over motives for selling his family business to RogersBrad Shaw and family to realize a package worth more than $2-billion, but he says the sale was a last resort Question the other way around, why Rogers wants to buy a local player? cause he wants to be rich.. like really rich and running shaw in canada sucks.. so many regs and red tape and you are limited in scope and expansion.. why would anyone want to do telcom in canada Money I bet
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