Cancom And Star Choice Welcome Competition Bureau Approval Of Merger.MISSISSAUGA, Ontario--(BUSINESS WIRE)--July 20, 1999-- Star Choice (VSE See DOS/VSE. VSE - Virtual Storage Extended :STC STC Supplemental Type Certificate (FAA) STC Society for Technical Communication STC Subject to Change STC Surf the Channel (website) STC Sound Transmission Class STC Singapore Turf Club .) Cancom (Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. Satellite Communications Inc.) and Star Choice Communications Inc. ("Star Choice"), are pleased to announce that the Reorganization and Share Exchange Agreement they signed November 11, 1998 has received the final regulatory approval that was needed from government for implementation. Last Friday, the Commissioner of Competition confirmed in writing that he does not intend to initiate any proceedings under the Competition Act concerning the proposed agreement. Cancom and Star Choice anticipate the closing date for the transaction will be August 31st. Star Choice (VSE: STC) is a leading Canadian provider of direct-to-home (DTH (Direct-To-Home) Typically refers to satellite TV broadcasting directly to a dish antenna on the roof of a house. See DBS. ) satellite television services to residences and businesses with a subscriber count approaching 225,000. Cancom (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , ME: SAT) is Canada's leading expert in evaluating, selecting, integrating and implementing satellite-based solutions for business. |
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