CRTC allows Shaw acquisition of Rogers' remaining stake in TVTropolis

OTTAWA – Shaw Communications now has 100% ownership of specialty channel TVtropolis after the CRTC approved its application in a decision Tuesday to acquire Rogers’ 33% interest in the Category A service for a reported $59 million. The acquisition of Rogers’ remaining interest in TVtropolis is part of a number of transactions between Shaw and Rogers announced in January. At that time Rogers said it would acquire Shaw’s cable system in Hamilton, Ont. and secure an option to purchase Shaw’s Advanced Wireless Services (AWS) spectrum holdings in 2014. Rogers said it would also enter into negotiations with Shaw for the...