Ted Rogers Says No To Allstream...for now
Quashing a suggestion that he might bid for MTS Allstream (TSX:MBT), he noted that investment analysts tend to favour acquisitions over large increases in capital spending but “Allstream would cost a huge amount of money, and for a fraction of that - but still a substantial number in terms of capital expenditures - we will go in the business with the newest technologies.”
Rogers Communications triples Q3 net to $154M; stock to split, dividend up
Hmmm….. It’s like no one wants to Allstream to the Prom. She’s standing there looking all cutesy, but no takers.