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Short Take: Shaw Communications sells @Home stock

Canadian cable operator Shaw Communications has sold 375,000 shares of stock in @Home, the cable modem Internet service it has a partnership with. Shaw still holds about 3.8 million @Home shares and warrants and said it "remains committed to its strategic investment in @Home." The stock sale was worth about $30.2 million. Earlier, fellow Canadian cable company Rogers Cablesystems also filed to sell part of its @Home holdings.

Canadian cable operator Shaw Communications has sold 375,000 shares of stock in @Home, the cable modem Internet service it has a partnership with. Shaw still holds about 3.8 million @Home shares and warrants and said it "remains committed to its strategic investment in @Home." The stock sale was worth about $30.2 million. Earlier, fellow Canadian cable company Rogers Cablesystems also filed to sell part of its @Home holdings.