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Rogers, Shaw, the Shaw Family Living Trust and Quebecor Inc. say they have extended the deadline to Feb. 17 from Tuesday.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
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.
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Companies extend deadline to close Rogers-Shaw deal to Feb. 17If approved, the deal will see Rogers acquire Shaw, while Quebecor’s Videotron subsidiary will acquire Shaw’s Freedom Mobile wireless business.
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