Cable / Telecom News

Voting control of Rogers held in trust for family

TORONTO – The late Ted Rogers has left voting control of Rogers Communications Inc. (RCI) to a private trust called the Rogers Control Trust, and members of the Rogers family are the beneficiaries, the company made official in a press release today.According to the statement, the Rogers family holding companies controlled by the Rogers Control Trust together own approximately 90.9% of the Class A voting shares of RCI and 7.5% of the Class B non voting shares. The trust holds voting control of the Rogers group of companies for “the benefit of successive generations of the Rogers family”. The Rogers...