All you need to know about the $26 billion Rogers – Shaw merger PUBLISHED BY Rogers Communications Inc. will be taking over Shaw Communications Inc. in a $26 billion deal. Rogers will acquire all outstanding class A and class B shares of Shaw Communications for $40.50 per share in cash, a premium of about 70% for a recent class B share price. The deal also includes approximately $6 billion of Shaw debt and is expected to close in the first half of 2022. The two Canadian companies are family-founded and have similar synergies. The combined entity will have the scale, assets, and capabilities needed to leverage innovation and growth in new telecommunications services with greater capabilities and bandwidths in wireless services.