Alexander Gay, counsel for the Competition Bureau, noted during cross-examination that the Shaw family is set to receive a combination of cash and roughly 23 million Rogers shares, worth a total of about $2.3-billion if Rogers shares are valued at $60.
“At the end of the day it’s not about the dollars. It’s about the business and how we support it,” Mr. Shaw said. In addition, lawyers for the competition watchdog have argued that the 20-year agreements that Videotron has entered into with Rogers to access cable infrastructure in Western Canada would leaveMr. Shaw said he believes that the structure of the deal between Rogers, Shaw and Videotron leaves the Montreal-based telecom positioned to be “very competitive” if it is permitted to acquire Freedom.
Having intermittent black out of my Rogers cable TV for 4 days. A quick twitter search for 'Rogers outage', showed lots of problems w Rogers internet service, but no explanation for cable tv outages. Sorry to hear Shaw neeeeds Rogers help.
Money I bet
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
Question the other way around, why Rogers wants to buy a local player?
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Source: TerraceStandard - 🏆 24. / 68 Read more »