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Thursday, July 31, 2014

Shaw Communications to purchase data center company ViaWest, (NYSE: SJR)

Canadian media and cable company Shaw Communications Inc said it would purchase data center services provider ViaWest Inc from Oak Hill Capital Partners and others in a deal valued at $1.2 billion on an enterprise basis. Shaw said the acquisition would help accelerate the development of its Canadian data center platform.

Shaw Communications Inc. (Shaw) is a diversified Canadian communications company. Shares of SJR remained unchanged at $25.23. In the past year, the shares have traded as low as $21.77 and as high as $26.30. On average, 251641 shares of SJR exchange hands on a given day and today's volume is recorded at 0.



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