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Canada's antitrust regulator plans to block Rogers $16B takeover of Shaw

Low angle view of modern office building with glass facade and comapny logo of Rogers Communications Inc. on top on sunny day in autumn with clouds in the sky.

Timon Schneider/iStock Editorial via Getty Images

Canada's antitrust regulator informed Rogers Communications (NYSE:RCI) and Shaw Communications (NYSE:SJR) of its intention to oppose the $16 billion transaction.

Rogers (RCI) and Shaw said they remain committed to the deal, according to a

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