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Braid: The devil will be in the details of Shaw s massive $20B sale to Rogers

Article content The tentative Shaw-Rogers deal didn’t just pop out of the ether on a Monday morning. It’s been in the works for a long time. On Jan 17, 2019, Shaw Communications CEO Brad Shaw was asked by BNN Bloomberg if a merger with Rogers was possible. We apologize, but this video has failed to load. Try refreshing your browser, or Braid: The devil will be in the details of Shaw s massive $20B sale to Rogers Back to video He said: “You never say ‘no.’ We’ve made a lot of moves in the last few years to pivot to growth.

Braid: The devil will be in the details of Shaw s massive $20B sale to Rogers

Braid: The devil will be in the details of Shaw s massive $20B sale to Rogers
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Alberta to get 1,800 net new jobs due to Rogers buying Shaw

Article content Alberta will gain 1,800 net new jobs as a result of Rogers Communications’ $20 billion purchase of Calgary-based Shaw Communications, the heads of the two companies promised Monday. Shaw CEO Brad Shaw made the pledge together with Rogers president and CEO Joe Natale just hours after announcing the massive deal that will unite the former rival companies and permanently alter Canada’s wireless industry landscape. The $40.50 per share cash offer (a 69 per cent premium over Shaw’s closing price on Friday) has the support of Shaw’s board and the Shaw family, Brad Shaw said in an interview, adding they would not have agreed to the sale unless they were confident that Calgary and Alberta would come out ahead.

Varcoe: Shaw takeover an inflection point

Article content Sometimes it takes decades for the business landscape to evolve. Today, it feels like the corporate terrain in Calgary and across Alberta is transforming under our feet and the community will look vastly different coming out of the pandemic than it did 12 months ago. We apologize, but this video has failed to load. Try refreshing your browser, or Varcoe: We are at an inflection point as a community as takeover of Shaw hits corporate Calgary Back to video The $26-billion acquisition Monday of Shaw Communications Inc. by Toronto-based Rogers Communications Inc. puts an exclamation point on the rapid pace of change that’s now unfolding.

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