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Article: Rogers Wireless Announces Receipt of Competition Act Clearance for Acquisition of Microcell.
- Article from:
- PR Newswire
- Article date:
- November 3, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. 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)
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Rogers Wireless Inc., a wholly owned subsidiary of Rogers Wireless Communications Inc., announced today that it has been advised by the Canadian Competition Bureau (the "Bureau") that the Bureau has cleared RWI's acquisition of the securities of Microcell Telecommunications Inc. ("Microcell"). Accordingly, all regulatory conditions in RWI's offers have been satisfied.
On September 30, 2004, RWI mailed cash offers for all of the issued and outstanding Class A Restricted Voting Shares, Class B Non-Voting Shares, Warrants 2005 and Warrants 2008 of Microcell, at a price of C$35.00 per Class A share, C$35.00 per Class B share, C$15.79 per Warrant 2005 and C$15.01 per ...