Shaw CEO Says He Weighed Going Private Before Turning to Rogers
- Telecom deal would be Canada’s biggest since Nortel spin-off
- ‘The devil’s in the details’ Shaw CEO says of Rogers tie-up
Photographer: Brent Lewin/Bloomberg
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Canada’s Shaw family hashed over every possible option for Shaw Communications Inc. -- including taking it private -- before agreeing to sell the business they founded more than half a century ago to Rogers Communications Inc.
Faced with huge capital needs to compete in Canada’s wireless sector, the family hunkered down to look at “all our strategic options,” Chief Executive Officer Brad Shaw said in an interview Monday.