1. Struggle for Control of Rogers Continues as Sunday Board Meeting Deemed 'invalid' by Company

    Struggle for Control of Rogers Continues as Sunday Board Meeting Deemed 'invalid' by Company

    Edward Rogers, the chair of the family trust that controls Rogers Communications Inc. RCI-B-T -0.28%decrease and a director at RCI, has called a board meeting for Sunday, but the company says in a statement that the meeting is “invalid....

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    1. The proposal by Mr. Edward Rogers to hold a purported Board meeting with his proposed slate of directors this weekend does not comply with laws of British Columbia, where Rogers Communications Inc. is incorporated and is therefore not valid.
    2. Accordingly, the purported Board meeting and anything that may arise from such a meeting is also invalid. It is disappointing that the former Chairman is attempting to act unilaterally without regard for the interests of the company and all of Rogers' shareholders.
    3. Ted contemplated truly serious situations like this one with great care in his wishes.
    4. Apart from the law, which is clear, he instructed that the drastic action of removing a board director should only occur at a properly constituted meeting of shareholders. That remains the only appropriate means for changing the directors of our company.
    5. A meeting of the Board will proceed as planned.
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