Canada's Biggest Ever M&A DealRogers Communications Inc & Shaw Communications Inc: As the legal fight between Canada's competition bureau, Rogers and Shaw draws to a close on Wednesday, anxious investors will be hoping for a quick verdict to a 20-month old M&A battle. Rogers' C$20 billion agreed bid for Shaw to create Canada's No. 2 telecoms company behind BCE was blocked by antitrust regulator on grounds it will lessen competition in a country where wireless rates are among the highest in the world. The two telecoms companies owned by billionaire Canadian families, who have fought for decades to win market share, took their battle to Canada's competition tribunal, arguing that Shaw faced bleak prospects in the absence of a Rogers takeover. They also pitched the deal as "pro-competition", with a combined entity able to compete better in Canada's concentrated telecom market. At stake is one of Canada's biggest ever M&A deal that has been many years in the making, along with millions of dollars in legal and financial advisory fees