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Audet family declines Altice USA, Rogers offer to buy Cogeco

News | 09/02/2020 9:54 am EDT
Then-Cogeco CEO Louis Audet and Philippe Jetté announce Jetté would be taking over as CEO in Montreal on May 15, 2018./ Wire Report photo by Anja Karadeglija.

The controlling shareholder of Cogeco Inc. — the Audet family — has said no to an acquisition bid from a U.S. company that would have seen Rogers Communications Inc. take over Cogeco’s Canadian assets for $4.9 billion.

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