SJRWF News and Press, Shaw Communications Inc

2023-04-03 10:52:17 ET Rogers Communications ( NYSE: RCI ) has closed its C$26B acquisition of Shaw Communications ( NYSE: SJR ), bringing a long regulatory saga to a close and combining two of Canada's major carriers in the country's biggest-ever telecom deal. The c...

Summary Cogeco Communications had another quarter of weak Internet growth in Q1 F2023. The company is in the midst of a capital-intensive network expansion project that will result in declining free cash flow. Cogeco’s debt ratio of 3.3x is towards the high end of its range i...

Summary ATVI update. Meme stocks roaring back. Why energy stocks will continue to perform well. Chapters 0:00 Intro 2:15 What's on Chris's mind 5:20 Quick hits on ATVI , SPB , and SJR 15:00 More on M...

Summary The Rogers-Shaw deal was a contentious one, where regulators extracted concessions. The companies pushed it through after nearly 2 years. Remaining obstacles appear very unlikely to stand in the way. The deal could close within a month. Upside is relatively larg...

Summary Sirius XM Holdings continues to generate attractive and fairly stable performance. Although affected by higher costs this year, Sirius' paid user count has been expanding and cash flows look promising long term. All things considered, SIRI stock does look attractively ...

Form 13F filings show fund managers' top arbitrage stocks. Top M&A stocks of the 30 funds I follow. Activision Blizzard this quarter's top stock. It was an interesting few months for merger arb. In early June, spreads blew out as Thoma Bravo cut the price for its deal wi...

BCE is seen as a stable dividend stock. But, its dividend is not supported by cash flow, it's supported by debt and share dilution. With many of its businesses in secular decline, BCE is swimming upstream. Technology is changing the industry. At a forward PE of 19x, the valuation ...

Zendesk to be acquired by an investor group led by investment firms Permira and Hellman & Friedman in an all-cash transaction valued at approximately $10.2 billion. The price that Zendesk finally settled for was 40% below the midpoint of the original offer made by the same group o...

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...

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 ...