The Canadian Competition Bureau continues to watch over the telecommunication market (Eastlink / Bruce Telecom)

Eastlink and Bruce Telecom abandon $26.5M merger amid Competition Bureau concerns* On August 15, 2014, the Competition Bureau (the Bureau) announced that Bragg Communications Inc. (Eastlink) and Bruce Telecom had terminated an announced merger, which would have resulted in the acquisition of Bruce Telecom (the incumbent telecommunications provider for a large portion of Bruce County, Ontario) by Eastlink (a privately-held company that owns and operates cable systems across Canada), for a purchase price of C$26.5 million. Eastlink’s decision to terminate followed a review by the Bureau’s Mergers Branch, pursuant to which the Bureau concluded that the acquisition would likely have resulted in a substantial lessening or prevention of competition in the towns of Port Elgin and Paisley,

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Megan MacDonald, Erica Lindberg, The Canadian Competition Bureau continues to watch over the telecommunication market (Eastlink / Bruce Telecom), 15 August 2014, e-Competitions August 2014, Art. N° 70347

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