Shaw Communications Closes Sale Of US Assets

New York, NY

Canadian MSO Shaw Communications closed on the sale of its U.S. cable properties in Texas and Florida today. In February, Shaw announced a deal to sell its Florida properties to Bright House Networks for $112 million. Jerry Kent’s Cequel III agreed to buy Shaw’s Texas assets for $84 million. Waller Capital represented Shaw Communications in both transactions.

For more information contact:
Garrett M. Baker
Vice President
Waller Capital Corporation
(212) 632-3600