Shaw Communications eyes wireless in $1.6 bln Wind Mobile bid: Reuters

Shaw Communications Inc said it has agreed to buy Wind Mobile Corp, Canada's fourth-largest wireless provider, in a deal that gives it a much-needed presence in the cellular market, Reuters reported. Shaw said the deal valued Wind and its parent company at $1.6 billion, much higher than the roughly $300 million a group of private equity firms, hedge funds, and other investors paid in 2014.

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