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  1. Mobilicity Accepts $465M Takeover by Rogers

    Industry News
    Another one bites the dust. Mobilicity today announced it would accept a $465 million takeover bid by telco giant Rogers. As part of the deal, Rogers will sell off some of Mobilicity’s wireless airwave spectrum to competitor Wind Mobile, a condition the federal government demanded before...
  2. Telus, Rogers Bidding to Purchase Mobilicity

    Industry News
    After fighting off takeover rumours for the better part of two years, The Globe and Mail reports that Rogers and Telus have quietly submitted proposal transactions to the government for review in a bid to purchase struggling telco Mobilicity. However, a source also tells the Globe and Mail...
  3. Rumour: Wind Mobile in talks to acquire Mobilicity

    Industry News
    Bloomberg news is reporting today that Globalive Communications, owners of Wind Mobile, are in talks to buy Mobilicity. Privately held Mobilicity currently offers wireless service in Toronto, Ottawa, Calgary, Edmonton and Vancouver while Wind Mobile offers service iin the following markets...
  4. Indigo announces sale of Kobo to Japanese firm for US $315 million

    Industry News
    Indigo, the majority shareholder in Kobo, announced today that it has agreed to sell Kobo Inc. to Rakuten, Japan's biggest online shopping mall operator, for US$315 million. The book retailer, which founded and spun Kobo off in 2009 as an independent company, says expects to receive...
  5. Zagat Survey sold to Google

    Industry News
    Zagat Survey, a popular restaurant recommendations and ratings service, has been acquired by Google. Founded by Tim and Nina Zagat in 1979 as a way to collect and correlate the ratings of New York restaurants by diners, the Survey now includes 70 cities, with reviews based on the input of...
  6. Google buying Motorola Mobility for $12.5 billion

    Industry News
    Google and Motorola Mobility announced this morning that the search giant will buy Motorola Mobility Holdings for $12.5 billion USD. The search giant and creators of the Android Smartphone operating system has agreed to pay $40 a share for Motorola, a premium of 63% over its closing price on...
  7. UK firm acquires HMV Canada for $3.2 million

    Industry News
    Hilco UK, a British firm which specializes in restructuring ailing retailers, has purchased HMV Canada from the UK's HMV Group plc. for 2.05 million British pounds, approximately $3.2 million Canada. The announcement comes almost three months after the firm was first reported to be up for sale...
  8. Hearings into BCE takeover of CTV announced for February

    Industry News
    In a Broadcasting Notice of Consultation released yesterday, the CRTC has announced that it will hold hearings on the acquisition of CTV Globemedia by BCE Inc. beginning on February 8th, 2011. The deal, which was announced in September, would see BCE Inc. acquire complete ownership of CTV...
  9. Rogers continues to buy up Cogeco

    Industry News
    Rogers Communications Inc. announced last week that it had purchased close to two million additional shares in Cogeco Cable Inc. and Cogeco Inc. for $74.9 million. Cogeco is Canada's fourth largest cable television provider offering services in Ontario and Quebec. The company also offers...
  10. Competition Bureau clears Shaw's acquisition of Canwest

    Industry News
    The Competition Bureau of Canada announced today that it will not challenge Shaw Communications Inc.'s proposed acquisition of the over-the-air and specialty television businesses of Canwest Global Communications Corp. The federal agency said that following a significant review, it had...
  11. Shaw gets court approval for Canwest takeover

    Industry News
    Last Friday, the Superior Court of Ontario approved a bid by Shaw Communications take control of the broadcasting assets of Canwest Global Communications Corporation. Shaw had bid $95 million to acquire a 20% equity interest and 80% voting interest of CanWest's broadcasting assets which...
  12. BCE says privatization may not proceed

    Internet, Landline and Wireless Phone
    The $42 billion takeover of Bell Canada Enterprises (BCE) Inc., scheduled to occur on December 11th may not proceed according to a statement issued today by the company. Watch BCE shares come tumbling down today!