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SJR News and Press, Shaw Communications Inc. From 06/20/22

Stock Information

Company Name: Shaw Communications Inc.
Stock Symbol: SJR
Market: NYSE
Website: shaw.ca

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SJR - Merger Arbitrage Mondays: Prologis Acquires Duke Realty For $26 Billion

After rejecting two prior offers from Prologis, Duke Realty entered into a definitive agreement to be acquired by Prologis in an all-stock deal valued at $26 billion. Continental Resources received a non-binding proposal from its founder, Harold Hamm, to acquire all outstanding shares...

SJR - Rogers, Shaw and Quebecor Announce Agreement for Sale of Freedom Mobile

The proposed divestiture of Freedom Mobile to Quebecor will ensure the presence and viability of a strong fourth wireless carrier in Canada Quebecor brings an undeniable operational and competitive track record, as well as significant financial resources TORONTO and CALGAR...

SJR - Merger Arbitrage Mondays: The Bidding War For Spirit Airlines Continues

Merger activity ground to a halt last week with no new deals announced. JetBlue sweetened its offer for Spirit. Oracle completed its massive $24.3 billion deal for healthcare software company Cerner. For further details see: Merger Arbitrage Mondays: The Bidding War For ...

SJR - Canada regulator said trying to speed up case against Shaw/Rogers deal

Canada's antitrust agency reportedly wants to speed up its suit attempting to block Rogers Communications (NYSE:RCI) $15.8 billion purchase of Shaw (NYSE:SJR) with a hearing in five to six months. Competition Bureau Canada wants to follow an expedited process for the case, according to a Reut...

SJR - 2 Telecom Stocks to Track While the Merger Is on Pause

The telecom industry in Canada is highly consolidated. Three major players control the bulk of the market, and the smallest one by market capitalization — Rogers Communications (TSX:RCI.B) (NYSE:RCI) , is planning to merge with Shaw Communications (TSX:SJR.B) (NYSE:...

SJR - 3 Monthly Dividend Stocks to Keep Income Flowing

One common frustration rarely mentioned when it comes to income stocks is finding a working frequency to keep income flowing. This can be frustrating for everyone — not just new investors . And while budgeting around differing dates is possible, the more pressing question is, why...

SJR - Rogers, Shaw agree not to close $16B transaction until antitrust issues are resolved

Rogers Communications (NYSE:RCI) and Shaw Communications (NYSE:SJR) agreed to put their deal on hold as the telecom companies attempt to come to  resolution with a Canadian antitrust regulator. Rogers (RCI), which agreed to acquire Shaw (SJR) for $16 billion last March,  agreed to n...

SJR - Rogers, Shaw and the Commissioner of Competition Reach Agreement to Resolve the Interim Injunction Application

TORONTO and CALGARY, May 30, 2022 (GLOBE NEWSWIRE) -- The Commissioner of Competition’s application to seek an interim injunction has been resolved on the basis that Rogers Communications Inc. (“Rogers”) and Shaw Communications Inc. (“Shaw”) have agreed to...

SJR - Merger Arbitrage Mondays: Broadcom To Acquire VMware For $69 Billion

One of the largest tech deals in M&A history was announced last week. Chipmaker Broadcom entered into an agreement to acquire VMware for $69 billion in a cash or stock deal. Broadcom's acquisition of VMware will be reviewed by either the FTC or the DOJ, the Committee on Foreig...

SJR - Shaw Marks Shaw Charity Classic 10th anniversary With $1 Million to Support 260 Kids and Youth Charities in Alberta

Shaw’s donation will help support charities through the PGA TOUR Champions tournament’s charitable giving platform, Shaw Birdies for Kids presented by AltaLink Shaw also matching donations made through Chip in for Kids text-to-donate initiative CALGARY, Alberta, May 27...

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