|
|
Article: Rogers Wireless Announces Agreement to Purchase Microcell Telecommunications for C$35 Per Share.
- Article from:
- Business Wire
- Article date:
- September 20, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
TORONTO & MONTREAL -- Microcell Board Recommends Shareholders Tender to Rogers Wireless Offer
Rogers Wireless Communications Inc. ("Rogers Wireless"), Rogers Communications Inc. ("RCI") and Microcell Telecommunications Inc. ("Microcell") jointly announced today that Rogers Wireless and Microcell have entered into an agreement under which Rogers Wireless will make an all cash bid for Microcell securities totaling approximately C$1.4B.Rogers Wireless has agreed to purchase Microcell's Class A Restricted Voting shares and Class B Non-Voting shares for C$35.00 per share.As well, Rogers Wireless will offer to purchase the 2005 warrants for C$15.79 and 2008 ...