- 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