I agree with you. I got out at 64 when Rogers bid for Shaw becasue they are over paying. The Hell or High Water clause is also a HUGE risk and potential cost to unwind. Not getting the deal would actually be better but they are going to take a big hit when the news hits the street. I actually think there is more to this 10 year serving CFO leaving than just the Shaw deal. I sure would not be buying any Rogers back till this settles out and the full picture is known.
indoubtgetout wrote on the Shaw Board: The abrupt departure of Roger's CFO last night is your SELL signal.   Rogers bid not likely to get approved and further industry regulatory initiatives by your Libertal Govt will likely hurt the sector overall - a double whammy.   So, the Rogers CFS is heading for the hills so he can dump all of his Rogers holdings as well whatever he holds in Shaw.   GTFO!