Rogers, Shaw and Quebecor Extend Outside Date of Proposed Transactions to March 31, 2023
TORONTO, CALGARY, AB and MONTREAL, Feb. 17, 2023 /CNW/ - Rogers Communications Inc., Shaw Communications Inc., the Shaw Family Living Trust, and Quebecor Inc. today announced an agreement to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron Ltd., a wholly-owned subsidiary of Quebecor, to March 31, 2023.
- TORONTO, CALGARY, AB and MONTREAL, Feb. 17, 2023 /CNW/ - Rogers Communications Inc., Shaw Communications Inc., the Shaw Family Living Trust, and Quebecor Inc. today announced an agreement to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron Ltd., a wholly-owned subsidiary of Quebecor, to March 31, 2023.
- ISED approval must be obtained before the combination of Rogers and Shaw can proceed.
- The Tribunal had rejected the Commissioner's challenge of the proposed acquisition of Freedom Mobile by Videotron and the subsequent combination of Rogers and Shaw (the "Transactions").
- 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.