Posted AT 1:00 PM EST on 04/07/08
BCE strikes final takeover deal
BCE Inc. says it has struck a final deal for its $35-billion takeover by a buyout group, and that the price will remain at $42.75 a share.
The announcement Friday by the Montreal telecommunications company appears to end months of speculation that the price would have to be lowered to satisfy bankers financing the buyout group, which is led by the Ontario Teachers Pension Plan and U.S.-based Providence Equity Partners.
The full text of this article has 722 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
| Market | Change | Value |
|---|---|---|
| Data delayed 15 minutes | ||
| S&P/TSX | -20.97 | 11,579.33 |
| DJIA | -14.28 | 10,318.16 |
| S&P 500 | -3.52 | 1,091.38 |
| Nasdaq | -10.78 | 2,146.04 |
| Stock Profile | |
|---|---|
|
|
U.S. stock futures head higher
Investors await key U.S. data on manufacturing and housing
-
Video:
Japan takes it on the chin
|
MOST POPULAR 
Most Popular
| Rank | Headline |
|---|---|
| 1. | Canadian dollar on a roll 9:44 AM
|
| 2. | Magna poised to take wheel at Opel 1:38 PM
|
| 3. | Royal Bank loses $50-million 9:39 AM
|
| 4. | CanWest skips interest payment to conserve cash 1:43 PM
|
| 5. | U.S. economic slump eases 8:45 AM
|
| 6. | Gold jumps above $970/oz as dollar weakens 6:36 AM
|
| 7. | Macquarie snaps up Tristone for $130-million 28/05/09 6:36 PM
|
| 8. | Oil surges above $65 6:35 AM
|
| 9. | UK data signals worst of downturn may be over 6:41 AM
|
| 10. | Markets set to end May on a better note 10:16 AM
|
Konrad YakabuskiLindsey Graham extends a green hand to Canada
BARRIE MCKENNAShow's far from over for Oprah's brand power
ERIC REGULYEat this, sushi-lovers: Your next bite of bluefin could be your last
AVNER MANDELMANCool it. Slow down. Don't buy the rhetoric
Derek DeCloetAN APP FOR EVERYONE