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1. • • Shaw Communications Inc is selling off its stake in Corus Entertainment Inc. through a bought deal led by TD Securities. Shaw will sell 80,630,383 Class B shares of Corus for $6.80 each, for a total of $548 million, the telecom company said in a press release Tuesday.
     financialpost.com/telecom/shaw-exits-corus-entertainment-with-548-million-share-sale

     Shaw to exit Corus Entertainment with $548 million share sale

2. People also ask

   Is Corus Entertainment buying Shaw Media?

   • Corus Entertainment has announced it is buying Shaw Media, including the Global Television network, from cable and Internet giant Shaw Communications for $2.65-billion in cash and stock. “We are very excited about our game-changing announcement today to acquire Shaw Media,” Corus CEO Doug Murphy said at a press conference in Calgary Wednesday.

   Corus to buy Shaw Media in $2.65B mega merger - Global News

   globalnews.ca/news/2450790/corus-to-buy-shaw-media-in-2-65b-mega-merger/

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   Who bought Corus Entertainment Inc?

   • Shaw Communications Inc is selling off its stake in Corus Entertainment Inc. through a bought deal led by TD Securities. Shaw will sell 80,630,383 Class B shares of Corus for $6.80 each, for a total of $548 million, the telecom company said in a press release Tuesday. Corus shares closed on the TSX at $8.06 Tuesday.

   Shaw to exit Corus Entertainment with $548 million share sale

   financialpost.com/telecom/shaw-exits-corus-entertainment-with-548-million-share-sale

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   Will Shaw use Corus money for corporate purposes?

   • Shaw says it will use the money for corporate purposes, which may include repaying debt. Corus is a Canadian broadcasting company that owns Global Television Network, radio stations, and a portfolio of specialty TV channels including the HGTV Canada, Food Network Canada, YTV and Treehouse networks.

   Shaw to exit Corus Entertainment with $548 million share sale

   financialpost.com/telecom/shaw-exits-corus-entertainment-with-548-million-share-sale

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   What happened to Corus shares?

   • Corus shares closed on the TSX at $8.06 Tuesday. Following the closing of the offering on or about May 31, Shaw will no longer hold an equity interest in Corus. Shaw says it will use the money for corporate purposes, which may include repaying debt.

   Shaw to exit Corus Entertainment with $548 million share sale

   financialpost.com/telecom/shaw-exits-corus-entertainment-with-548-million-share-sale

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3. financialpost.com › telecom › shaw-exits-corusShaw to exit Corus Entertainment with $548 million share sale

   financialpost.com › telecom › shaw-exits-corus

   May 15, 2019 · Shaw Communications Inc is selling off its stake in Corus Entertainment Inc. through a bought deal led by TD Securities. Shaw will sell 80,630,383 Class B shares of Corus for $6.80 each, for a total of $548 million, the telecom company said in a press release Tuesday.

   • Telecom

     Corus shares may be worth 'zero' after Rogers-Warner deal,...

4. finance.yahoo.com › news › shaw-communications-incShaw Communications Inc. Announces Sale of Shaw Media to ...

   finance.yahoo.com › news › shaw-communications-inc

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   Jan 13, 2016 · Shaw Communications Inc. announced today that it has entered into a share purchase agreement with Corus Entertainment Inc. to sell 100% of its wholly owned broadcasting subsidiary, Shaw...

5. Videos

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     financialpost.com

     Shaw Communications to sell Global TV network, specialty channels to Corus Entertainment for $2.65 billion

     13 Jan 2016

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     windsor.ctvnews.ca

     Shaw to sell Global TV, specialty channels to Corus for $2.65B

     13 Jan 2016

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     2:32

     globalnews.ca

     Corus Entertainment buys Shaw Media in $2.65 billion deal

     13 Jan 2016

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6. www.pressreader.com › canada › toronto-starCan Corus be saved? - PressReader

   www.pressreader.com › canada › toronto-star

   Jul 6, 2024 · Since 2021, Corus has seen its stock tumble from a high of about $6.30 to 20 cents as of early July. Half the equity analysts covering Corus surveyed by Bloomberg think the stock could go even lower: they recommend selling, indicating it could become worthless. “Anything is possible,” said one analyst.

7. www.thestar.com › business › the-shaw-corus-dealThe Shaw-Corus deal: What does it mean? - The Toronto Star

   www.thestar.com › business › the-shaw-corus-deal

   Jan 13, 2016 · Shaw Communications has announced a $2.65-billion deal to sell its media division to Corus Entertainment, which was spun off from Shaw Communications in 1999.

8. finance.yahoo.com › news › shaw-communicationsShaw Communications Completes Sale of Shaw Media to Corus ...

   finance.yahoo.com › news › shaw-communications

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   Apr 1, 2016 · Shaw Communications Inc. today announced it has completed the previously announced sale of its wholly-owned broadcasting subsidiary, Shaw Media Inc. to Corus Entertainment Inc. for $2.65...

9. theclarion.ca › business › shaw-communicationsShaw Communications selling stake in Corus Entertainment

   theclarion.ca › business › shaw-communications

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   May 16, 2019 · Shaw Communications Inc. is selling its stake in Corus Entertainment Inc. for about $548 million. In a news release, Calgary-based Shaw said it has entered into an agreement with Corus and a syndicate of underwriters led by TD Securities Inc.

10. www.thespec.com › business › five-things-to-knowFive things to know about Shaw’s $2.65 billion deal to sell ...

    www.thespec.com › business › five-things-to-know

    Jan 13, 2016 · Shaw Communications has announced it is selling its media division to Corus Entertainment for $2.65 billion. The combined company would own the Global Television Network, specialty channels ...