Cable & Telecom

S-A shareholders approve Cisco purchase

ATLANTA - Scientific-Atlanta announced today that its shareholders approved the company's acquisition by Cisco Systems. At a special meeting held this morning, it was confirmed that shareholders will receive US$43 in cash for each Scientific-Atlanta share they own following the closing of the transaction. The total value of the transaction, announced in November, is US$6.5 billion.Scientific-Atlanta and Cisco previously announced that the waiting period for U.S. antitrust review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 was terminated on December 30, 2005. The transaction remains subject to regulatory approval by competition authorities in various jurisdictions outside the United States. The...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.