Corus shareholders urged to vote yes for Shaw Media acquisition

TORONTO - An independent proxy advisory research firm is recommending that Corus Entertainment shareholders vote in favour of the company's proposed $2.65 billion acquisition of Shaw Media Inc.Institutional Shareholder Services (ISS) offered the recommendation in a report released Monday. The special meeting of Corus shareholders will take place March 9 at Corus Quay, and holders of Class A participating shares and Class B non-voting participating shares as of the record date of February 5, 2016 are entitled to vote."… the strategic rationale behind the transaction appears appealing as the combined company is expected to command 34.5% of Canada's English language television audience, while...