Monday, July 2, 2007

UPDATE 1-BCE takeover battle may not be over yet

(Reuters) - BCE on Saturday said its board recommended shareholders
accept a C$42.75 a share offer from a consortium which
includes the Ontario Teachers Pension Plan, Teachers Private
Capital, as well as Providence Equity Partners Inc. and Madison
Dearborn Partners, LLC.




The offer was worth an estimated C$51.7 billion, making it
the biggest buyout in Canadian corporate history.


Read more at Reuters.com Mergers News

No comments: