Tuesday, July 31, 2007

UPDATE 1-Rogers CEO shoots down talk of Shaw takeover

(Reuters) - "We do not have any active file on Shaw," Ted Rogers said
in response to an analyst's question during the company's
earnings conference call. "We have not had any discussions with
Shaw on putting the companies together."




His remarks came after a Canaccord Adams analyst published
a research note last week in which he speculated the two big
Canadian cable-TV and telecoms companies could be in talks for
a deal that would value Shaw at as much as C$14.4 billion
.


Read more at Reuters.com Mergers News

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