Rogers Communications acquires Call-Net Enterprises
|Areas||Communications, Competition, Antitrust and Foreign Investment, Litigation, Tax|
Goodmans represented Call-Net Enterprises Inc. in connection with its acquisition by Rogers Communications Inc. The acquisition was accomplished through a court-approved statutory plan of arrangement, pursuant to which each Call-Net shareholder received one Rogers Communications class B non-voting share for every 4.25 Call-Net shares held by such shareholder. The aggregate equity value of the transaction was approximately $330-million.