Rogers and Shaw Extend Outside Date of Proposed Merger
TORONTO and CALGARY, Alberta, July 27, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (Rogers), Shaw Communications Inc. (Shaw) and the Shaw Family Living Trust have agreed to extend the outside date of the proposed merger of Rogers and Shaw (the Transaction) to December 31, 2022 (which outside date may be further extended to January 31, 2023 at the option of Rogers or Shaw, provided Rogers has committed financing available to complete the merger), demonstrating their commitment to completing this transformative combination.
- TORONTO and CALGARY, Alberta, July 27, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (Rogers), Shaw Communications Inc. (Shaw) and the Shaw Family Living Trust have agreed to extend the outside date of the proposed merger of Rogers and Shaw (the Transaction) to December 31, 2022 (which outside date may be further extended to January 31, 2023 at the option of Rogers or Shaw, provided Rogers has committed financing available to complete the merger), demonstrating their commitment to completing this transformative combination.
- Rogers and Shaw continue to pursue the divestiture of Freedom Mobile to Quebecor on the terms set out in the previously disclosed agreement.
- Any forward-looking information contained in this news release represent expectations as of the date of this news release and are subject to change after such date.
- Neither Rogers, Shaw nor Quebecor are under any obligation (and Rogers, Shaw and Quebecor expressly disclaim any such obligation) to update or alter any statements containing forward-looking information, except as required by law.