SJR - SHAW COMMUNICA （）

Shaw Communications Inc. (NYSE:SJR – Get Rating) (TSE:SJR.B) – Investment analysts at National Bank Financial dropped their FY2023 EPS estimates for Shaw Communications in a report released on Sunday, April 2nd. National Bank Financial analyst A. Shine now expects that the company will earn $1.09 per share for the year, down from their prior estimate […]

TORONTO , April 3, 2023 /CNW/ - The shareholders of Rogers Communications (TSX: RCI ) and Shaw Communications (TSX: SJR ) have agreed to the terms of the Arrangement Agreement resulting in the combination of the two companies. Each share of Shaw Communications will be exchanged for $44.50 cash. Shaw Communications will be removed from the S&P/TSX Composite Index and S&P/TSX 60 Index after the close of trading April 5, 2023 , prior to the open of trading on April 6, 2023 . WSP Global Inc. (TSX: WSP ) will replace Shaw Communications in the S&P/TSX 60 Index effective prior to the open of trading on April 6, 2023 . S&P/TSX 60 INDEX – April 6, 2023 COMPANY Full story available on Benzinga.com

TORONTO - The head of Rogers Communications Inc. pledged to lower costs for customers and brushed aside competition concerns after the company closed its $26-billion purchase of Shaw Communications Inc. on Monday. "What we want to make sure we get …

Rogers Communications Inc. has finally gained control of Shaw Communications Inc., emerging from two years of legal battles, family intrigue and government lobbying to complete one of Canada’s biggest-ever corporate takeovers. Chief Executive Officer Tony Staffieri doesn’t want to look back.

Rogers Communications Inc. has finally gained control of Shaw Communications Inc., emerging from two years of legal battles, family intrigue and government lobbying to complete one of Canada’s biggest-ever corporate takeovers. Chief Executive Officer Tony Staffieri doesn’t want to look back.

The attorney general of Alberta will intervene in competition tribunal proceedings regarding the $26-billion merger between Rogers Communications Inc. and Shaw Communications Inc., according to a notice filed Monday. The notice of intervention states that the “successes and failures” of the deal will have an impact on Alberta consumers and the province’s economy. It also […]

OTTAWA — Canada’s Alberta province will intervene in competition tribunal proceedings of a proposed C$20 billion ($15.33 billion) merger between Rogers Communications Inc and Shaw Communications Inc because it will impact the provincial economy, Alberta’s attorney general said in a notice on Tuesday. The companies “have significant presence in Alberta’s telecommunications market and their successes […]

TORONTO — Canada’s antitrust authority, Rogers Communications and Shaw Communications will begin two-day negotiations on Monday to discuss possible remedies to the contested C$20 billion ($15.5 billion) takeover of Shaw by Rogers, as the July deadline for the deal closure looms. The regulator has blocked the deal saying it would significantly lessen competition in the […]

The sale of Shaw to Rogers will probably close in July. Read more on a merger arbitrage opportunity with these Canadian companies.

Shaw Communications press release (SJR): Q3 GAAP EPS of $0.41 beats by $0.11.Revenue of $1.35B (-2.2% Y/Y) beats by $290M.Third quarter consolidated financial results include…

Rogers Communications Inc on Friday asked a tribunal to scrap Canada competition bureau''s rejection to its C$20 billion ($15.9 billion) purchase of Shaw Communications Inc , arguing the merger would create more competition rather than stifle it.

Rogers Communications Inc on Friday asked a tribunal to scrap Canada competition bureau’s rejection to its C$20 billion ($15.9 billion) purchase of Shaw Communications Inc, arguing the merger would create more competition rather than stifle it. Calling the opposition to the deal “unreasonable,” Rogers said the bureau had failed to quantify the reasons the proposed […]

(Bloomberg) — Rogers Communications Inc. asked Canada’s merger court to dismiss the antitrust suit against its $16 billion takeover of Shaw Communications Inc., saying there’s “no basis” to block the deal because it’s willing to sell Shaw’s wireless division. Toronto-based Rogers has been trying to acquire Shaw for C$40.50 a share in what would […]

Rogers Communications (RCI) has formally filed documents with Canada''s Competition Tribunal to dismiss the case against its $16 billion acquisition of rival Shaw Communications…

(Reuters) – Rogers Communications Inc on Friday responded to the Canada competition bureau’s attempts to block its C$20 billion ($15.89 billion) deal to buy Shaw Communications Inc, arguing the merger would create more competition rather than stifle it.