All three companies say they remain committed to the deal, which has been in the works for nearly two years; the transaction is awaiting approval from Federal Industry Minister François-Philippe Champagne
have extended the deadline for their proposed deal until mid-February as they await the final signoff from Canada’s Industry Minister.
The deal would see Quebecor Inc.’s Videotron acquire Shaw’s Freedom Mobile wireless carrier for $2.85-billion, before RogersFederal Industry Minister François-Philippe Champagne has to approve the transfer of Shaw’s wireless licenses to Videotron in order for the deal to go ahead. Mr.
In extending their deadline until Feb. 17, the three companies said they remain committed to the deal, which has faced obstacles and delays and has been in the works for nearly two years.
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