Rogers closes $14.87 bn deal to acquire Shaw Communications

Rogers Communications said on Monday it closed the C$20 billion ($14.87 billion) deal to acquire Shaw Communications.
Rogers store CanadaAs a result of the merger, the Shaw family has become one of the largest shareholders of Rogers. Brad Shaw and Trevor English, Shaw’s former Executive Vice President and Chief Financial & Corporate Development Officer, have been designated for nomination to the Rogers Board of Directors. They are expected to be appointed to the Rogers Board on April 4, 2023.