Telecom News Bytes 22-05-10: Rogers $16B Bid for competitor Shaw being question by regulators

https://www.podbean.com/media/share/pb-g4quw-1221d2b

According to Bloomberg – Rogers Communications is claiming that Canada’s antitrust agency is opposing its $16 billion takeover of rival Shaw Communications, which is casting significant doubt on whether the companies will be able to close one of the country’s biggest-ever deals. 

The companies have extended the deadline for the merger to July 31, from June 13, and said they remain committed to it.

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