UPDATE: Shaw offer "did not occur", says Rogers and Shaw

TORONTO – A story in today's National Post which said Rogers Communications made a friendly, informal, $9.3 billion all-share offer to purchase Shaw Communications is wrong. A terse two-sentence release put out by Rogers this morning says: "The purported meeting and offer described in the story did not occur." Shortly after noon today, Shaw put out its own firm denial. "The Shaw Family has advised the company that it is not in discussions with any party to sell its controlling interest in the company. The purported meeting and offer described in the National Post story did not occur." In fact,...