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Sale of telecom empire has 'generational impact' on Shaw family 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.
Rogers Communications Inc said on Monday it was buying rival Shaw Communications Inc for about CUS$20 billion in a deal that would create Canada's . ....
Rogers Communications Inc said on Monday it was buying Shaw Communications Inc for about C$20 billion ($16.02 billion) in a deal that would create Canada's second-largest cellular and cable operator but might attract stiff regulatory scrutiny. ....
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.
The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Shaw Communications Inc. Class B shares traded well below the $40.50-per-share takeover offer made by Rogers Communications Inc. on Monday, in a sign that investors are concerned regulatory scrutiny could get in the way of the deal. Shaw Class B non-voting shares closed at $33.85 in Toronto – up 41.6 per cent for the day, but $6.65 short of the offer price. However, Shaw Class A voting shares, largely owned by the Shaw family, who have agreed to the deal, traded closer to the takeover price and closed at $38.26, while Rogers Class B shares rose 3.4 per cent to $61.57. ....