Home Page News Briefs People Media Telecom Archives About Us GET FREE NEWS UPDATES
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers

ROW Short Takes

News | 08/24/2004 4:00 am EDT

TELUS extends offer for Microcell again
TELUS Corp. has again extended its unsolicited offer for Microcell Telecommunications Inc. by an additional 30 days. The offer will now expire on September 20. Despite TELUS’ ongoing efforts to remove the country’s smallest wireless operator from the competitive landscape, Microcell shareholders don’t appear to believe the offer is fair. Only a very small fraction of Microcell securities holders have tendered their securities. As of August 20, 682 Class A restricted voting shares had been tendered to the offer out of 183,340. There were 15,924 Class B non-voting shares tendered out of 29,131,974. There were 77,574 Warrants 2005 tendered out of the 3,998,302 and 60,766 Warrants 2008 tendered out 6,663,943.

This content is available to wirereport.ca subscribers

Already a subscriber? Sign in here

Unlock all the Canadian telecom, broadcasting and digital media news you need.

Take a free trial or subscribe to The Wire Report now.

FREE TRIAL

Two weeks free access to thewirereport.ca and our exlusive newsletters.

Register for free

* Required

SUBSCRIBE

Unlimited access to thewirereport.ca and our exlusive newsletters.

Continue

* Required

Reuse & Permissions

Unauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact:

Customer Care, 613-688-8821 | subscriptions@hilltimes.com