Rogers Communications Inc. and Shaw Communications Inc. agreed not to close their C$20 billion ($15.8 billion) deal until antitrust problems are dealt with and said they’re working to negotiate a solution to satisfy Canadian regulators’ concerns.
The companies agreed to a temporary halt on completing the merger. That removes one possible scenario -- that they would attempt to close the deal and then engage in a protracted court battle with Canada’s Competition Bureau, which is trying to block it.