Shaw cannot vote to reduce the fee-for-coverage CanWest accepts from the cable companies; as 80 percent of CanWest shareholders not Shaw Cable

Largest TV network in Canada, public company buy-in math. Shaw smart to buy CGS shares at anything below a dollar or more
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Shaw buy-in for 50% of Canwest is only 100 million, if Shaw invests 200 million. Shaw 20% buy-in of CanWest for 100 million, costs 80 million. Largest TV network in Canada, public company buy-in math.

Shaw smart to buy CGS shares on the open market, at anything below a dollar. Half of buy-in funds owned by new investor, when investor's capital stays in restructured public company. Hoping Shaw invests half billion, so costs Shaw 250 million for half of CanWest, a song for Shaw.

Shaw advised that Shaw Cable will have to still honour the CRTC fee-for-carriage rent. Since Shaw cannot vote to reduce the fee-for-coverage CanWest accepts from the cable companies; as 80 percent of CanWest shareholders not Shaw Cable -- more profitable to own a larger % of CanWest. CRTC fee-for-coverage settlement complicated, as new era of digital tv re-transmissions are copyright protected. Note, reject multi voting shares. Investors require fair public companies. It's a fact that a public company, controlled by multi voting shares, hampers raising capital from selling new shares, an example CanWest. Note, deal to include a Goldman Sachs settlement; and that all CanWest debt left, be paid out; as the Canadian banks want to finance all debt at five percent. Shaw's deal strengthens Goldman Sachs investment, cable company, TV company synergies.

Very good deal for Shaw to own 50 percent of the fees (or more), that Shaw and the the rest of telecoms and cable companies owe in fee-for-carriage fees, owed to Canada's largest TV network, Canwest. Shaw Communications shareholders number one concern.

SECCanada and Canwest shareholders embrace Shaw's brokers ,and ask for some respect. [8% Ad Hoc senior noteholders bonds, will not be covered into shares. Period.] Not fair to buy massive blocks of shares from the CanWest Treasury, and skip the stock market, completely; buy CanWest shares on the open market too Shaw.