Shaw Communications Inc. Responds to Press Speculation.CALGARY, Alberta -- Shaw Communications Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :SJR SJR Senate Joint Resolution SJR Superjoint Ritual (band) SJR St John Rigby (Catholic Sixth Form College) SJR Signal-To-Jammer Ratio SJR Saint Joseph Regional High School (USA) .NV.B) (NYSE NYSE See: New York Stock Exchange :SJR) A story appeared in the National Post today concerning Shaw Communications Inc. (the "Company") and Rogers Communications Inc. The Shaw Family has advised the Company that it is not in discussions with any party to sell its controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in the Company. The purported meeting and offer described in the National Post story did not occur. Shaw Communications Inc. is a diversified Canadian communications company whose core business is providing broadband cable television, High-Speed Internet, Digital Phone, telecommunications services (through Big Pipe Inc.) and satellite direct-to-home services (through Star Choice Communications Inc.) to over three million customers. Shaw is traded on the Toronto and New York stock exchanges and is a member of the S&P/TSX 60 index (Symbol: TSX - SJR.NV.B, NYSE - SJR). Shaw Communications Inc. (TSX:SJR.NV.B) (NYSE:SJR) |
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