Rogers, Shaw say merger must be allowed to proceed

  • 📰 OttawaCitizen
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

TORONTO — Rogers Communications Inc’s C$20 billion ($14.9 billion) acquisition of rival Shaw Communications Inc has been delayed long enough and must be…

Canada’s antitrust tribunal approved the transaction on Dec. 30 that would create the country’s second-largest telecom firm but the competition bureau later appealed the tribunal’s ruling.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

The companies will face off against the competition bureau in a Federal Court of Appeal hearing on Jan. 24. But Tuesday’s document from Rogers argued the deal has already been subject to a long investigation, six months of close case management by Chief Justice Paul Crampton and Tribunal Chair Justice Andrew Little, a carefully sequenced exchange of evidence, two mediations, 16 motions, and 11 days of discovery.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Create more of a monopoly. Canadians love taking it up the rear.

'Must'. Speaks volumes to how corporations feel about....well everything.

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:

 /  🏆 21. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

What you need to know about the state of the Rogers-Shaw mergerThe $26\u002Dbillion Rogers\u002DShaw merger will be one of the biggest corporate combinations in Canadian history if it wins approval. Find out more. MUCH more interested in the state of POSTMEDIA, & why they took over & own over 130 large & small Canadian newspapers coast to coast. And, why is POSTMEDIA owned by an American reclusive Conservative billionaire Anthony Melchiorre & his hedge fund Chatham Asset Management? Gatekeepers need to stop getting in the way of our beloved oligarchs!
Source: nationalpost - 🏆 10. / 80 Read more »

What you need to know about the state of the Rogers-Shaw mergerThe $26\u002Dbillion Rogers\u002DShaw merger will be one of the biggest corporate combinations in Canadian history if it wins approval. Find out more.
Source: financialpost - 🏆 7. / 85 Read more »