Cable / Telecom News

Shaw shareholders love sale to Rogers

CALGARY – Shaw Communications said today holders of its class A shares and class B shares voted overwhelmingly in favour of the company’s purchase by Rogers Communications. The previously announced plan of arrangement for the proposed combination of the two companies was approved at the special meeting of Shaw’s shareholders held on May 20, 2021. “Today marks an important milestone in the journey to combine Shaw and Rogers, creating a truly national network provider with far-reaching and multigenerational benefits for all Canadians,” said Brad Shaw, executive chair and CEO, in the press release. “Shaw’s shareholders overwhelmingly supported the transaction and...