Home / Financial News / Analysts at banks advising Corus-Shaw deal take different tacks when it comes to research
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Analysts at banks advising Corus-Shaw deal take different tacks when it comes to research

Equity analysts at RBC Dominion Securities Inc., which acted for Corus Entertainment Inc., published research notes on Feb. 12 that offered a favourable opinion of the deal and analyzed the outlook for Corus and Shaw Media's parent company, Shaw Communications Inc. In contrast, analysts at TD Securities Inc., which was hired by Shaw, have been prohibited from releasing any comments about the companies for an unspecified period of time.

The two Canadian investment banks that acted as financial advisers in Corus’ $2.65-billion acquisition of Shaw Media have taken opposite approaches to how their research desks have covered the proposed transaction, which has been opposed by at least one Corus minority investor.

Catalyst’s opposition to Corus-Shaw Media deal questioned by investors, analysts

The motives fuelling a minority shareholder’s attempt to thwart Corus’s $2.65 billion acquisition of Shaw Media were called into question Friday, as Catalyst Capital Group Inc. aired its concerns about the proposed sale on a conference call with investors and analysts.

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