Ottawa gives final approval for Rogers $26B purchase of Shaw

Rogers Communications Inc's $26-billion takeover of Shaw Communications Inc. cleared the last regulatory hurdle Friday, more than two years after the deal was first announced. The federal industry minister approved the transfer of Shaw-owned Freedom Mobile's wireless licences to Quebecor Inc. which paves the way for the deal to be completed. Francois-Philippe Champagne says Ottawa has secured legally enforceable commitments from Rogers and Videotron, which is purchasing Freedom Mobile from Shaw