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Competition Bureau getting unprecedented online feedback about Rogers, Shaw deal
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Competition Bureau getting unprecedented online feedback about Rogers, Shaw deal
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Competition Bureau getting unprecedented online feedback about Rogers, Shaw deal
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Alberta will gain 1,800 net new jobs as a result of Rogers Communications’ $20 billion purchase of Calgary-based Shaw Communications, the heads of the two companies promised Monday.
Shaw CEO Brad Shaw made the pledge together with Rogers president and CEO Joe Natale just hours after announcing the massive deal that will unite the former rival companies and permanently alter Canada’s wireless industry landscape. The $40.50 per share cash offer (a 69 per cent premium over Shaw’s closing price on Friday) has the support of Shaw’s board and the Shaw family, Brad Shaw said in an interview, adding they would not have agreed to the sale unless they were confident that Calgary and Alberta would come out ahead.