Rogers court ruling starts clock ticking toward Jan. 31 deadline
Canada’s merger court released its full decision allowing Rogers Communications Inc.’s takeover of a rival, starting the clock on a critical four-week period to close the deal.
Rogers’ acquisition of Shaw Communications Inc., and a related deal that will see Quebecor Inc. take ownership of most of Shaw’s wireless assets, “are not likely to result in materially higher prices” for consumers in the provinces of Alberta and British Columbia, the country’s Competition Tribunal said in an 88-page decision released Monday.