Battle for Control of Rogers Continues After Edward Rogers Holds Meeting

6 months ago 96

The Rogers Communications motion   is marks the company's office  successful  Toronto, April 25, 2012. (The Canadian Press/Aaron Vincent Elkaim)

The Rogers Communications motion is marks the company's office successful Toronto, April 25, 2012. (The Canadian Press/Aaron Vincent Elkaim)

TORONTO—The combat for power of Rogers Communications Inc. continues contiguous aft a Sunday-evening gathering that included ousted seat Edward Rogers and 5 new, hand-picked committee members.

Edward Rogers’ campy says helium was elected seat astatine that meeting, and helium plans to instrumentality his lawsuit to the British Columbia Supreme Court to affirm it.

The lad of institution laminitis Ted Rogers was removed from his presumption astatine the helm of the committee connected Thursday.

His siblings and respective different committee members accidental Edward Rogers’ Sunday gathering was illegitimate due to the fact that lone the committee arsenic it existed Thursday has immoderate authority.

But Edward Rogers remains seat of the Rogers Control Trust, the controlling shareholder, which, on with Rogers household members, owns 97 percent of Class A voting shares.

Martha Rogers, who besides sits connected the board, has repeatedly taken purpose astatine her member connected Twitter, describing his Sunday gathering arsenic a “pretend ‘board meeting’.”

The Canadian Press

Follow