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February 14, 1994 | From Times Staff and Wire Reports
Rogers Bids to Acquire Maclean Hunter: Toronto-based Rogers Communications Inc. said it is offering about $12.65 in cash for each Maclean Hunter share in its bid to take over the Toronto media company. In addition, shareholders would receive a share of the proceeds from the sale of Maclean Hunter's U.S. cable TV assets if the sale generated more than $1.1 billion, Rogers said. Rogers already owns 14.9 million Maclean Hunter shares. The tender offer is good until March 15.
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BUSINESS
April 12, 2001 | Bloomberg News
Rogers Communications Inc., Canada's biggest cable company and a publisher of magazines including Canadian Business and Maclean's, may spin off its media unit to shareholders if the government relaxes foreign ownership restrictions, Chairman Ted Rogers said. Rogers told reporters at the company's annual general meeting in Toronto that he expects the government to ease rules barring U.S.
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BUSINESS
March 9, 1994 | From Times Staff and Wire Reports
Maclean Hunter Accepts Revised Takeover Bid: Rogers Communications Inc. said the board of Maclean Hunter approved the revised offer at the last minute and will recommend it to shareholders. Chief Executive Ted Rogers said at his company's annual meeting that Maclean Hunter approved the final offer after intense negotiations. The amended terms give Maclean Hunter shareholders a total of $12.90 a share. Toronto-based Rogers Communications is Canada's largest cable TV operator.
BUSINESS
February 8, 2000 | From Bloomberg News
Rogers Communications Inc., Canada's No. 1 cable operator, agreed to buy Groupe Videotron, the third-biggest, for $3.4 billion to prepare for expected U.S. competition. Rogers will add Videotron's 1.6 million subscribers, for a total of 3.7 million customers. It is paying a 48% premium over Videotron's closing share price on Jan. 28, when shares started rising on takeover speculation. Rogers will pay 0.925 Class B nonvoting share, or $28.
BUSINESS
April 12, 2001 | Bloomberg News
Rogers Communications Inc., Canada's biggest cable company and a publisher of magazines including Canadian Business and Maclean's, may spin off its media unit to shareholders if the government relaxes foreign ownership restrictions, Chairman Ted Rogers said. Rogers told reporters at the company's annual general meeting in Toronto that he expects the government to ease rules barring U.S.
BUSINESS
February 8, 2000 | From Bloomberg News
Rogers Communications Inc., Canada's No. 1 cable operator, agreed to buy Groupe Videotron, the third-biggest, for $3.4 billion to prepare for expected U.S. competition. Rogers will add Videotron's 1.6 million subscribers, for a total of 3.7 million customers. It is paying a 48% premium over Videotron's closing share price on Jan. 28, when shares started rising on takeover speculation. Rogers will pay 0.925 Class B nonvoting share, or $28.
BUSINESS
August 10, 1988 | From Reuters
Rogers Communications Inc. said Tuesday that it has agreed to sell its U.S. cable television interests to KBL Cable Inc., a unit of Texas-based Houston Industries Inc., for $1.27 billion. The company operates cable systems in San Antonio and Laredo, Tex., Orange County, Portland, Ore., and Minneapolis, with 525,000 subscribers.
BUSINESS
June 11, 1992
Having been sickened and outraged by the report of the tragic and unnecessary accident in Temecula involving Border Patrol officers, illegal immigrants and innocent citizens, I am compelled to write this letter. This needless slaughter caused by high-speed chases, by people who are hired to protect us, is absolutely senseless! There have been many such chases recently, some televised, which were potential accidents and certainly put people's lives in jeopardy.
BUSINESS
June 6, 2001
Covad Communications Group Inc., a provider of high-speed Internet access, named longtime telecommunications executive Charles E. Hoffman its president and chief executive. Hoffman was chief executive and president of Canada's Rogers Wireless Communications Inc.
BUSINESS
March 9, 1994 | From Times Staff and Wire Reports
Maclean Hunter Accepts Revised Takeover Bid: Rogers Communications Inc. said the board of Maclean Hunter approved the revised offer at the last minute and will recommend it to shareholders. Chief Executive Ted Rogers said at his company's annual meeting that Maclean Hunter approved the final offer after intense negotiations. The amended terms give Maclean Hunter shareholders a total of $12.90 a share. Toronto-based Rogers Communications is Canada's largest cable TV operator.
BUSINESS
February 14, 1994 | From Times Staff and Wire Reports
Rogers Bids to Acquire Maclean Hunter: Toronto-based Rogers Communications Inc. said it is offering about $12.65 in cash for each Maclean Hunter share in its bid to take over the Toronto media company. In addition, shareholders would receive a share of the proceeds from the sale of Maclean Hunter's U.S. cable TV assets if the sale generated more than $1.1 billion, Rogers said. Rogers already owns 14.9 million Maclean Hunter shares. The tender offer is good until March 15.
BUSINESS
June 11, 1992
Having been sickened and outraged by the report of the tragic and unnecessary accident in Temecula involving Border Patrol officers, illegal immigrants and innocent citizens, I am compelled to write this letter. This needless slaughter caused by high-speed chases, by people who are hired to protect us, is absolutely senseless! There have been many such chases recently, some televised, which were potential accidents and certainly put people's lives in jeopardy.
BUSINESS
August 10, 1988 | From Reuters
Rogers Communications Inc. said Tuesday that it has agreed to sell its U.S. cable television interests to KBL Cable Inc., a unit of Texas-based Houston Industries Inc., for $1.27 billion. The company operates cable systems in San Antonio and Laredo, Tex., Orange County, Portland, Ore., and Minneapolis, with 525,000 subscribers.
BUSINESS
April 17, 1997 | Bloomberg News
At Home Network said a group of investors, including Sun Microsystems Inc. and Motorola Inc., paid $48 million for about 4.5% of the closely held high-speed Internet access service, giving the company an implied market capitalization of about $1.1 billion. Other investors are Bay Networks and Canadian cable companies Rogers Communications Inc. and Shaw Communications Inc. At Home, based in Mountain View, said it plans to use the investment to continue to expand its Internet network.
BUSINESS
August 6, 1999 | Bloomberg News
AT&T Corp. and British Telecommunications said they will jointly buy 33% of Rogers Cantel Mobile Communications Inc. of Montreal for $934 million to add cellular services to AT&T's local and long-distance services in Canada. The deal would reduce Rogers Communications Inc.'s stake in Rogers Cantel to 51% from 81%. British Telecom also would buy 30% of AT&T's 31% stake in AT&T Canada Inc., a publicly traded company that provides long-distance and Internet services, for about $402 million.
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