Cable Operators

Rogers Launching Share Offering

6/09/2004 8:38 AM Eastern

Rogers Communications Inc. said Wednesday that it will issue 9,541,985 class-B nonvoting shares at C$26.20 ($19.30) apiece, eyeing total gross proceeds of approximately C$250 million ($184.161 million).

The MSO entered into an agreement with RBC Capital Markets.

Closing of the offering is expected on or about June 16.

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