The family power struggle for Rogers Communications Inc. took a dramatic new turn Sunday night, with a longstanding independent director and respected investment banker quoted as being supportive of Edward Rogers’ bid for control in a statement that purported to be from the company’s reconstituted board, which reinstated the deposed son of the company’s founder as chair.
Despite the statement, other family members insist that control of the telecom giant has not changed, that Edward Rogers remains stripped of his position as chair, and that his attempts to shake up the board are “invalid.”-- More...
