Shaw said it will be seeking approval from the Alberta Court of Queen s Bench on Tuesday.
In total, 99.8 per cent of votes cast at a special virtual meeting Thursday were in favour of the plan of arrangement, well above the required two-thirds support. Today marks an important milestone in the journey to combine Shaw and Rogers, creating a truly national network provider with far-reaching and multi-generational benefits for all Canadians, stated Brad Shaw, executive chair and chief executive.
He noted that the voter turnout exceeded 70 per cent, which he said was a strong endorsement for the combination.
Under the plan, Rogers which is controlled by the family of the late Ted Rogers will pay $40.50 in cash for all of Shaw s issued and outstanding class A and class B shares.
Ottawa frees up more wireless spectrum for 5G
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Shaw shareholders overwhelmingly approve of selling company to Rogers Communications
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One Company To Watch As Electric Vehicle Stocks Get Ready To Fly This Summer
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May 19, 2021, 4:00 PM·17 min read
This winter was all about buying the EV rumor and selling the election news. That netted savvy investors some nice profits, but summer might have something even bigger in store for this sector.
Having sold on the Biden inauguration news, there’s lots of potential upside for EV companies now.
Everything is lined up for EV companies and lots of related industries to do well in the coming months.
We’re looking at .
Biden’s proposed $174 billion in funding for EVs