Shaw Communications Inc. SJRWF

Communication Services Telecom Services

Shaw Communications is a Canadian cable company that is one of the biggest providers of internet, television, and landline telephone services in British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario. In fiscal 2021, more than 75% of Shaw's total revenue resulted from this wireline business. Shaw is also now a national wireless service provider after acquiring Wind Mobile in 2016. Shaw has upgraded its wireless network, undertaken an aggressive pricing strategy, and significantly enhanced its spectrum holdings. As a smaller carrier, Shaw has favored bidding status in spectrum auctions, giving it a further boost in enhancing its wireless network. At the 2019 auction, Shaw added significant amounts of 600 MHz spectrum to the 700 MHz spectrum it is currently deploying.

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Shaw Communications Inc. > OFFER on the TABLE for $40.50.

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Comment by Capharnaumon Mar 15, 2021 11:27pm

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Post# 32805311

RE:RE:OFFER on the TABLE for $40.50.

pierrelebel wrote:
RagingBull3 - Do you remember the offer by Air Canada to buy Transat at $18.00?

A while later.....

Its share price falls below $5, more than 70 per cent below the deal price of $18. Oct. 10, 2020: The two travel companies announce they have reached terms for a revised deal that will see Air Canada buy Transat for $5 a share or $190 million, a significant discount to the original agreement.Feb. 12, 2021

Look around... you will find many similar deals where the original price went POOF (Cineplex comes to mind)