TORONTO, Sept 11 (Reuters) – Canada’s provincial securities
regulators said on Thursday they have agreed to a unified
approach for handling hostile takeover bids that would give the
boards of target companies more time to respond and investors
Under the proposals, hostile bidders would be able to buy
shares only after a majority of outstanding shares not held by
them had been tendered to the offer. Bidders would also have to
keep the offer open for 10 days after announcing that
requirement had been reached.
TORONTO, Sept 10 (Reuters) – Quebecor Inc said on
Wednesday it activated its next-generation wireless network,
part of its broader push to bridge the technological and market
share gap with its more dominant telecom competitors in Québec.
The Montréal-based company said its Videotron cable
television and wireless unit switched on a long-term evolution
(LTE) network that covers nearly 90 percent of Québec’s
population. The move comes exactly four years after the company
initially launched its own mobile service.
TORONTO (Reuters) – Canada’s telecommunications regulator should ease restrictions on domestic television providers because of the competitive threat they face from online services like Netflix Inc, Quebecor Inc Chief Executive Pierre Dion told a hearing on Tuesday
Left unregulated, he said Netflix will become the largest distributor of video content in Canada, leaving domestic broadcasters struggling to compete.
TORONTO (Reuters) – Everyone involved in the making of “St. Vincent” wants to talk about Bill Murray, who plays the grumpy and flawed namesake of director Ted Melfi’s first film, but the quirky comedian has lived up to a reputation of being incredibly hard to pin down.
The star of “Stripes,” and “Groundhog Day,” has been omnipresent at this year’s Toronto International Film Festival: he took fan questions after a 30th anniversary screening of “Ghostbusters” on Friday, hammed it up at the premiere of his new film later, and was spotted cycling around the city and on a late-night dance floor in random photos by onlookers.