Catalyst steps up campaign against Corus/Shaw Media deal

TORONTO – Corus Entertainment shareholder The Catalyst Capital Group is calling for full disclosure from the Shaw family into the process behind the proposed sale of Shaw Media to Corus.In an open letter posted Friday, Catalyst questioned whether the minority shareholders of both Shaw and Corus were protected, and if so, wants the company to prove it.“As the deal is a related party transaction, minority shareholders in both Corus and Shaw are entitled to know the asset was sold via a fair, competitive process - not a closed process in which Corus was forced to bid against itself”, reads the letter. ...