Shaw seeks buyer for Headline Sports channel stake
Article Abstract:
Shaw Communications Inc., a Calgary, Alberta-based cable company, has announced it is looking for investors who hare interested to buy the 47.85 stake it owns in Sportscope Television Network Ltd., which runs the Headline Sports channel. The decision to put its stake up for sale was made by Shaw Communications after the Canadian Radio-television and telecommunications Commission issued a ruling that the company could not control the specialty network. Shaw Communications noted RBC Dominion Securities Inc. will oversee the sale of Sportscope Television.
Comment:
Puts it 47.85% stake in Sportscope Television Network Ltd up for sale
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Groupe Videotron sells U.S. cable units
Article Abstract:
Groupe Videotron Ltee of Montreal, Quebec, has sold its US wireless cable TV businesses to Sprint Corp for $180 million. The company said the sale will allow it to record a C$136 million pre-tax gain on its books. The sale caps Videotron's six-year involvement in so-called multipoint multichannel distribution services technology, which allows a company to provide wireless cable or Internet services.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: OSC gives Fonorola extension. Rival snubs Philip scrap-metal assets
- Abstracts: OMERS buys Hammerson assets. Calgary: Western Canada's head-office capital. Hammerson puts Canadian assets on sale
- Abstracts: ScotiaBank has no designs on merged banks' assets. TD's Baillie is talk of the Street
- Abstracts: Glaxo seeks flu drug approval. Dimethaid stock rises 8% on expectations for arthritis lotion
- Abstracts: Air Canada forecasts loss. CAI raises concerns by postponing meeting. Canadian Air traffic jumps in September