Rogers says it will keep Cogeco HQ in Quebec, if allowed to buy the company

MONTREAL and TORONTO – Rogers is not just going to quietly walk away from its attempted purchase of Cogeco’s Canadian assets, which the company made clear with another statement today which says it would maintain the company’s headquarters in Montreal and hire even more people if shareholders approve the purchase. As reported, Altice USA made a $10.3 billion bid for Cogeco Inc. and Cogeco Communications because it wants the company’s American network operations, Atlantic Broadband. The U.S. company came to an agreement to sell Cogeco’s Canadian operations to Rogers, which is already a significant Cogeco shareholder. Cogeco’s board and controlling...