Altice, Rogers Still Open to Talking With Cogeco Despite Rejected Offer
Though Cogeco's board rejected Altice and Rogers' bid (see here and 2009020055), the two said Thursday they "strongly believe that we presented a very attractive offer -- one that would reward all Cogeco shareholders with a significant premium -- and…
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we stand by that offer." They "remain committed to pursuing this transaction and are open to engaging with shareholders and the boards in a constructive dialogue.”