Eastlink and Bruce Telecom Abandon $26.5M Merger Amid Concerns from Canadian Competition Bureau

By | The Competitor | September 9, 2014
Eastlink and Bruce Telecom Abandon $26.5M Merger Amid Concerns from Canadian Competition Bureau

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.