TORONTO — Of all of the Canadian media companies some believe has the wherewithal to expand to the U.S. in some way, shape or form, Rogers Sports & Media is one of the entities that could pony up the Loonies and Twonies and convert them to greenbacks.
That’s not about to happen anytime soon, as it’s had its sights set on further expansion in Canada. Alas, a much-scrutinized deal that involves the owner of radio stations in Canada — and the Atlantic Broadband MVPD in the U.S. — won’t be had.
The company Rogers parent Rogers Communications wanted to merge with rebuffed its unsolicited bids. Now, the multi-billion dollar offer has expired.