The Canadian Appeals Court has backed the Rogers & Shaw merger, rejecting the Competition Bureau’s appeal of the Competition Tribunal’s decision approving the deal.
Rogers Communications was already trading strongly ahead of the decision, trading higher than any close since May 6, but it helps push the TSX60 futures to a session high of 1246 for slightly up on the day having been down as much as -0.7% an hour after the open.

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The Canadian Appeals Court has backed the Rogers & Shaw merger, rejecting the Competition Bureau’s appeal of the Competition Tribunal’s decision approving the deal.
Rogers Communications was already trading strongly ahead of the decision, trading higher than any close since May 6, but it helps push the TSX60 futures to a session high of 1246 for slightly up on the day having been down as much as -0.7% an hour after the open.

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