Rogers wants to buy Shaw

[Indiana]

Damn it.
I had a stink bid in for Shaw last week at $18.00
Guess that's not happening now.

Rogers to buy Shaw in deal valued at $26B | CityNews Toronto

Rogers Communications Inc. has signed a deal to buy Shaw Communications Inc. in a deal valued at $26 billion, including debt.

toronto.citynews.ca

 

[rafterman]

It will be interesting to follow this in the business news. The fact that the shares of Shaw are trading at a significant discount, $33.77 close today versus $40.50 tender price indicates uncertainty as to the outcome. It's a friendly deal between Shaw and Rogers but has to clear three government reviews. Telecoms are an easy political target going back before the Trudeau era to Harper.

 

[Darts]

Any successful company in Canada is a political target.

The merger will eliminate much redundancies and projected to save $1billion annually. This will result in lower consumer prices.

Canadian consumers and their politicians remind me of the dog in the video below.
Siberian Husky temper tantrum - YouTube

 

[just4]

Any successful company in Canada is a political target.

The merger will eliminate much redundancies and projected to save $1billion annually. This will result in lower consumer prices.

Canadian consumers and their politicians remind me of the dog in the video below.
Siberian Husky temper tantrum - YouTube

Yea lower prices....btw there ain’t no Santa Clause. Unless there is competition prices don’t drop as evidenced by Freedom when it was a separate entity introducing its prices and policies that caused a drop. If telecoms want a free market then open it up to allow foreign companies in. Also property owners should be allowed to charge fees to them as they run their cables along private property even though the owner of the property may not use their services.