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Rogers attempts to block $670 million Glentel sale to BCE

2014-12-18 17:16:13| Wireless - Topix.net

Rogers Communications has filed an application to block its rival, BCE , from buying wireless phone retailer Glentel in a previously announced deal valued at $670 million in stock, cash and debt. According to court documents, Rogers claims that Glentel has not sought its approval for the BCE acquisition, which was required in their agreement.

Tags: sale million block attempts

Category:Telecommunications

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