SJR - Rogers Shaw reveal further extension of date for proposed merger

• Rogers Communications ( NYSE: RCI ), Shaw Communications ( NYSE: SJR ), the Shaw Family Living Trust, and Quebecor announced an agreement to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron, wholly-owned subsidiary of Quebecor, to Mar.31, 2023.
• In late January , the deadline for the C$20B Rogers' takeover of Shaw was extended to Feb.17 from Jan.31.
• The merger has been already approved by shareholders of both companies, the Court of King’s Bench of Alberta, and the transfer of Shaw’s broadcasting licences to Rogers has been approved by the Canadian Radio-television and Telecommunications Commission.

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