Buy custom The Acquisition of Fido by Rogers
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1006 |
Essay's paper body
At that time Fido's (Microcell's) shares were trading for $34.55 per share on the TSX.
Share Price after the Acquisition:
Roger's stock price started to rise after the acquisition of Fido and hit a peak in February 2005 at $40 per share. As of April 26, 2005 it is currently trading at $38 per share...
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As of April 26, 2005 it is currently trading at $38 per share. With Fido being acquired, those shares are no longer traded as they were bought out by Roger's wireless at a price of $35.00 per share.
Why did Rogers Acquire Fido?
From Fido's standpoint there were a few reasons that this was a valid option for them...
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