The Shaw Communications headquarters is seen in Calgary, Thursday, Jan. 11, 2018. THE CANADIAN PRESS/Jeff McIntosh
April 25, 2021 - 10:51 AM
TORONTO - BCE Inc. made a bid to buy Shaw Communications Inc. earlier this year, but lost to Rogers Communications Inc. when it was unwilling to amend its proposal to address regulatory issues.
The revelation was buried in a management information circular published Friday, which described a series of offers made to Shaw from "Party A."
BCE spokesman Nathan Gibson confirmed to The Canadian Press that his company was Party A and says it ultimately determined the opportunity to buy Shaw wasn't in the best interests of its stakeholders.