PRESS DIGEST- Canada - Dec 17
Dec 17 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL
** Shaw Communications Inc is finally poised to enter the wireless business, with a C$1.6-billion deal to buy Toronto startup carrier Wind Mobile Corp. Calgary-based cable operator Shaw announced the transaction on Wednesday evening, noting that while the deal still requires approval from the federal government and the Competition Bureau, it is expected to close during the third quarter of fiscal 2016. (bit.ly/1Zdf5fp)
** Canadian Pacific Railway Ltd will seek a merger with another railway if Norfolk Southern Corp shareholders don't push the company to discuss a merger, warns Bill Ackman, a CP board member. CP made the second revision to its offer on Wednesday for the Virginia-based railway.(bit.ly/1m9zsvo)
** An advisory committee struck by University of Toronto president Meric Gertler has recommended that the country's largest university should divest its investments from fossil fuel companies that "blatantly disregard" the international effort to combat climate change. (bit.ly/1QOzg0e)