Cable & Telecom

Telus offers $763 million for former Bell division

VANCOUVER – Telus and Emergis announced today that they have entered into a support agreement pursuant where Telus has agreed to make an offer to acquire all the outstanding common shares of Emergis for $8.25 cash per common share. The offer represents a premium of 17% over Emergis’ average closing price on the Toronto Stock Exchange over the past 30 days, 19% over yesterday’s close and values Emergis’ equity at approximately $763 million on a fully diluted basis, according to the joint press release issued by the companies. Emergis has a strong presence in both health claims processing and pharmacy...
 

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.