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'Disruptive force': Reaction pours in to Edward Rogers' explosive claims

'Disruptive force': Reaction pours in to Edward Rogers' explosive claims

BNN Bloomberg
Wednesday, October 27, 2021 7:56 PM GMT

Perspective from directors, investors, lawyers and analysts who have weighed in on the power struggle gripping Canada's largest wireless operator.

A resolution to the weeks-long corporate drama at the highest levels of Rogers Communications Inc. (RCI) may soon be reached, with a B.C. court scheduled to hear arguments on Nov. 1 from the company and Edward Rogers, chair of the controlling shareholder. 

While Mr. Rogers has been among the most vocal in recent days given the release of an affidavit filed Tuesday in court, none of his claims have been tested or proven in court as of yet.  

Here's some perspective from other directors, investors, lawyers and analysts who have weighed in on the power struggle gripping Rogers Communications. 

Christine Poole, CEO and managing director at GlobeInvest Capital Management:

I want to see how the whole situation plays out. If existing management does get removed, who steps in its place? I guess they mentioned the CFO, but it seems like it might be a whole management overhaul. It's creating a very negative disruptive force for the stock but we'll find out probably within a week or so how it all ends.

 

Read full story on BNN Bloomberg
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