Home Corus investors vote in favor of Shaw Media purchase
 

Keywords :   


Corus investors vote in favor of Shaw Media purchase

2016-03-09 20:40:14| Telecom - Topix.net

Minority shareholders in Corus Entertainment Inc voted on Wednesday in favor of the media company's planned C$2.65 billion purchase of Shaw Media from its sister company Shaw Communications Inc. An activist investor had sought to scuttle the vote, saying it unfairly advantaged the Shaw family that controls both companies to the detriment of minority shareholders. Corus said the tentative rate of approval of class B non-voting shareholders was just over 78 percent.

Tags: media purchase vote favor

Category:Telecommunications

Latest from this category

All news

»
24.115 2 PG
24.11215103TW 17svtw
24.11 Switch light
24.11Dr.SLUMP 19
24.11layover LP
24.11PING i230 6W 5
24.11BTS CD
24.11HG 56
More »