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Rogers Communications Ord Shs Class A T.RCI.B


Primary Symbol: T.RCI.A Alternate Symbol(s):  RCI | RCIAF

Rogers Communications Inc. is a wireless, cable, and media company. The Company provides connectivity and entertainment to Canadian consumers and businesses across the country. The Company also has a portfolio of media properties, which includes sports media and entertainment, television and radio broadcasting properties, multi-platform televised and online shopping and digital media. Its wireless segment provides wireless telecommunications operations for Canadian consumers and businesses. Its cable segment is engaged in cable telecommunications operations, including Internet, television, and other video, satellite, telephony, and smart home monitoring services for Canadian consumers and businesses, and network connectivity through its fiber network and data center assets to support a range of voice, data, networking, hosting, and cloud-based services. Its media segment offers a diversified portfolio of media properties, including specialty channels, digital media, and others.


TSX:RCI.A - Post by User

Post by RagingBull3on Nov 02, 2021 2:29pm
176 Views
Post# 34078479

The Control Trust maintains "control" by having a Chairman

The Control Trust maintains "control" by having a Chairmanrepresent them and having that Chairman sit as Chairman of the Board of Rogers.  I think that's what Ted wished and have the Trust do.  

So, removing Edward, who's Chairman of the Trust, from/as Chairman of the board of Rogers would be going against the TRUST and against the Wishes of TED, IMHO.

In the END, the Control Trust has control.    

If indeed 97% of shareholders have given Edward directive by means of shareholder resolution, an actual vote would be moot but probabaly neccessary to make those that don't understand that the Control Trust has CONTROL!!!!!!

If I was the Control Trust, it would only make me more upset for continued ignoring the will of 97% and making the Control Trust go through all the paper work of an actual vote.       It was bad enough that the board removed Edward without seeking at minimum guidance from the Control Trust (shareholders vote) but to continue on defying the Control Trust, just blows my mind.  

So, as I see what's going to happen, a Shareholder vote probably will be required...... But I'm guessing the Control Trust is going to make a few more changes.  

So, the company and mother technically will probably "win"..... but they are going to regret what they done.  


All just my opinion/view/thinking/guessing

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