Lawyers are expected to pocket more of the total fees than the bankers in the Rogers Communications and Shaw Communications deal. Read more.
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After battling for two years in the courts, the antitrust agency decided to take its objections no further legally and the merger now awaits final nod from Minister of Innovation, Science and Industry François-Philippe Champagne.Article content While law firms sometimes negotiate fixed fees on transactions, market participants said such deals would be unlikely on transactions that faced the amount of legal uncertainty of Rogers-Shaw. Back when the deal was launched, it was not known that Rogers would face a more than two-year battle for regulatory approval, racking up lawyer fees, who are paid by the hour.
The Rogers-Shaw deal is expected to be the tenth-largest deal in Canadian history since 1995, according to data from Dealogic.
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Lawyers working on Rogers, Shaw merger could nab bigger share of $100-million-plus fee jackpotRogers, Shaw merger is among the biggest fee events in the history of Canadian mergers and acquisitions, and lawyers are expected to pocket more of the total fees than the bankers
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Rogers-Shaw lawyers could nab bigger share of $100 million-plus fee jackpotAnd in a rare twist, the lawyers in the Rogers\u002DShaw deal are expected to pocket more of the total fees than the bankers.
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Rogers-Shaw lawyers could nab bigger share of $100 million-plus fee jackpotAnd in a rare twist, the lawyers in the Rogers\u002DShaw deal are expected to pocket more of the total fees than the bankers.
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Rogers-Shaw lawyers could nab bigger share of $100 million-plus fee jackpotAnd in a rare twist, the lawyers in the Rogers\u002DShaw deal are expected to pocket more of the total fees than the bankers.
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