Tuesday, May 25, 2010

Rogers and Quebecor trying to put a broomstick in the spokes of Canwest sale

The saying "it's not over until it's over" would doubtless apply to the story in today's Vancouver Sun about Rogers Communications Inc. and Quebecor Media Inc. putting their heads together to stifle the $2 billion sale of Canwest television properties to Shaw Communications. No similar noises being made about the print properties, sold to a group of unsecured creditors headed by Paul Godfrey.

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