Rogers Communications Acquires Data & Audio-Visual Enterprises Wireless (Mobilicity)
Goodmans represented the Ad Hoc Committee of Mobilicity Noteholders in connection with the acquisition of Data & Audio-Visual Enterprises Wireless Inc., an operating subsidiary of Mobilicity by an affiliate of Rogers Communications Inc. in a transaction valued at $465 million.
Data & Audio-Visual Enterprises Wireless Inc., a Canadian wireless telecommunications carrier, commenced creditor protection proceedings under the Companies' Creditors Arrangement Act in September 2013. This transaction offered significant value to the creditors of Mobilicity and allowed Data & Audio-Visual Enterprises Wireless Inc. to emerge from creditor protection as a going concern.
Featured Work
-
Mergers and Acquisitions
WildBrain sells 41% Peanuts stake to Sony for C$630 million
Goodmans LLP acted for WildBrain Ltd. in connection with the sale of its 41% stake in Peanuts Holdings LLC to Sony Music Entertainment (Japan) Inc. and Sony Pictures Entertainment Inc. (together… -
Entertainment
Cineplex sells its digital place-based media division to Creative Realities for $70 million
Goodmans LLP acted for Cineplex Inc., Canada's leading entertainment and media company, in connection with the sale of its digital place-based media division, Cineplex Digital Media (“CDM”) to… -
Mergers and Acquisitions
SBA Communications sells Canadian wireless tower business to CVC DIF
Goodmans LLP advised SBA Communications in connection with the sale of its Canadian wireless tower business (SBA Canada) to CVC DIF, the dedicated infrastructure investment strategy of global private… -
Communications and Media
PSP Investments and BCE Inc. complete formation of Network FiberCo strategic partnership
Goodmans LLP acted as Canadian counsel to the Public Sector Pension Investment Board (“PSP Investments”) in connection with the formation of Network FiberCo, a long-term strategic partnership with BCE… -
Mergers and Acquisitions
Scholastic closes investment in 9 Story Media Group
Goodmans LLP advised 9 Story Media Inc. in connection with the acquisition by Scholastic Corp. of 100% of the economic interest and a minority of voting rights in 9 Story for C$250 million from ZMC… -
Mergers and Acquisitions
Rogers Communications Inc. acquires Shaw Communications Inc.
Goodmans LLP acted for Rogers Communications Inc. in connection with its acquisition of Shaw Communications Inc. in a transaction valued at approximately C$26 billion inclusive of approximately C…