|reply to elwoodblues |
Re: Shaw sells Mountain Cablevision to Rogers
said by elwoodblues:
HA, the rumors of Cogeco's sale have come up again with this sale.
EACH time when any change happens in our small Canadian telecom world, even a small, small change, this rumor appears ... It is just funny. I do not see WHY Cogeco would sell ...
Same reason the Waters family sold CHUM to CTV, MONEY.
While settle for a paltry 2m/yr (split 5 ways) in yearly return, when you can get a huge payday now and not worry about the company making or losing money.
North York, ON