Calgary-based Shaw Communications is selling its media division to Corus Entertainment for $2.65 billion, in a deal that will fund its acquisition of wireless carrier Wind Mobile.
Corus will purchase Shaw Media for $2.65 billion — $1.85 billion in cash and 71 million Corus shares.
Last month, Shaw announced plans to purchase Wind in a deal worth $1.6 billion…
Canadian Press – January 13, 2016.
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