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Rogers Seeks Dismissal of Case Against Shaw Takeover

  • ‘No basis’ for antitrust case if wireless unit sold: Rogers
  • Two companies are working to finalize deal with remedy buyer
Rogers Looks To Longtime Foe To Help Rescue Shaw Deal
Photographer: Christinne Muschi/Bloomberg
Updated on

Rogers Communications Inc. asked Canada’s merger court to dismiss the antitrust suit against its $16 billion takeover of Shaw Communications Inc., saying there’s “no basis” to block the deal and its proposed sale of Shaw’s wireless division would solve any competition problems. 

Toronto-based Rogers has been trying to acquire Shaw for C$40.50 a share in what would be one of the largest deals in Canadian history. Competition Commissioner Matthew Boswell has sued to try to block it, arguing that it will reduce competition in the country’s wireless industry, where Rogers and two other companies already control 87% of the market.