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home / news releases / RCI - Rogers Shaw plan Competition Bureau mediation over merger


RCI - Rogers Shaw plan Competition Bureau mediation over merger

  • Rogers Communications ( NYSE: RCI ) (RCI.B:CA) and Shaw Communications ( NYSE: SJR ) (SJR.B:CA) have given notice they intend to mediate the case of their proposed merger with Canada's Competition Bureau Oct. 27-28.
  • That falls into a mediation window set for the deal, Bloomberg notes.
  • Quebecor (QBR.B:CA) will take part as well; the company has a deal to buy most of Shaw's wireless assets if Rogers' proposed acquisition of Shaw goes forward.
  • The Competition Bureau has requested a one-day-long mediation session.
  • The deal has been approved by Shaw shareholders as well as the court and the Canadian Radio-television and Telecommunications Commission. The Competition Bureau, though, has sued to block the transaction.
  • In early September, Canada's Competition Committee said selling Freedom Mobile to Quebecor subsidiary Videotron doesn't resolve antitrust concerns about the Rogers/Shaw deal .

For further details see:

Rogers, Shaw plan Competition Bureau mediation over merger
Stock Information

Company Name: Rogers Communication Inc.
Stock Symbol: RCI
Market: NYSE
Website: rogers.com

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