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Rogers to Buy Shaw in $16 Billion Canadian Cable Deal

(Bloomberg) Rogers Communications Inc. agreed to buy rival Shaw Communications Inc. in a $16 billion deal that shakes up Canada’s communications sector and sets up a tough decision for regulators and Justin Trudeau’s government.The proposed merger of companies controlled by two of Canada’s most powerful business families would be one of the biggest deals ever in the Canadian telecom industry. It would have Rogers, the country’s No. 1 wireless provider with 10.9 million subscribers, swallow Shaw’s Freedom Mobile division, the fourth-largest provider in some markets.Toronto-based Rogers is offering C$40.50 per share in cash to public shareholders of Shaw, but the Shaw family will take most of its payment in Rogers stock.The two companies are hoping the government bends on its policy of promoting greater competition for wireless services. For more than a decade, Canada has tried to assist the emergence of a strong fourth player to compete with Rogers,

Rogers Communications signs deal to buy Shaw Communications in deal valued at $26B | iNFOnews

Rogers Communications signs deal to buy Shaw Communications in deal valued at $26B | iNFOnews
infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.

Rogers plan to buy Shaw raises red flags about competition, especially in wireless - Medicine Hat NewsMedicine Hat News

Rogers plan to buy Shaw raises red flags about competition, especially in wireless - Medicine Hat NewsMedicine Hat News
medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.

Rogers seeks to buy Shaw for $20 4-billion in deal that would transform Canadian telecom market

Rogers seeks to buy Shaw for $20 4-billion in deal that would transform Canadian telecom market
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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