Description: Rogers Communications has received approval from the Canadian Radio-television and Telecommunications Commission (CRTC) for its $26 billion plan to purchase Shaw Communications. As part of the approval, Rogers must provide over $27 million to support specific initiatives, including support for local news. Rogers must secure separate approval from the Competition Bureau and Innovation, Science and Economic Development Canada for acquisition of Shaw’s mobile, telephone, and internet business.
Date: March 25, 2022
1) Do you use either Rogers or Shaw as a provider of e-services? If so, why did you choose them?
2) Would you advise the government to approve this deal?
3) Pages 11-10 & 11 in Wiley’s Understanding Financial Accounting discuss an unusual feature of Shaw Communications Inc.’s common shares. What is this unusual feature?