OTCPK:SJRWF - Post by User
Comment by
Capharnaumon Apr 28, 2021 7:17pm
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Post# 33088048
RE:RE:RE:RE:RE:RE:Shaw Discussed On BNN Market Call
RE:RE:RE:RE:RE:RE:Shaw Discussed On BNN Market Callnewcoin wrote: Okay, I got it.
But if the Regulators impose enough conditions it's tantamount to nixing.
Hopefully Rogers is so bent on making the deal nothing will stop them.
The "Hell or High Water" means Rogers takes the risk (and financial hit) that could stem from the imposed conditions. If they wanted to "stop" the deal, Shaw could ask them for financial compensation based on a $40.50 offer. Imo, the worse that could happen would be if restrictions cost too much that Shaw would renegociate the offer price, but then again that would defeat the purpose of adding that provision.
We'll see, but from what I've read it seems the Shaw family was only interested in selling if they were guaranteed that the buyer would come through no matter what happens with the regulators. I think that for the cable portion, there won't be any problem but I could see more discussions regarding the mobile phone assets. Then again, the changes made by the CRTC seem to be tailored for that portion to pass through as well.