The fight for control of Rogers Communications Inc. continues today after a meeting Sunday night that included ousted President Edward Rogers and five carefully chosen new board members.
Edward Rogers’ group says he was elected president at that meeting and plans to take his case to the British Columbia Supreme Court for upholding.
The son of the company’s founder, Ted Rogers, was removed from his post at the head of the board on Thursday.
His brothers and several other board members say Edward Rogers’ Sunday meeting was illegitimate, because only the board, as it existed Thursday, has authority.
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Rogers rejects a potential meeting between the ousted president and his preferred board appointees
But Edward Rogers remains chairman of the Rogers Control Trust, the majority shareholder that, along with members of the Rogers family, owns 97 percent of the Class A voting shares.
Martha Rogers, who is also on the board, has repeatedly targeted her brother on Twitter, describing their Sunday meeting as a “mock ‘board meeting.’
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Reference-globalnews.ca