bce inc

Canadian court allows largest ever leveraged buyout

Newsvine - business  Fri, 06/20/2008 - 15:44

BCE Inc. on Friday won the right to go ahead with the largest leveraged buyout in history, a $35 billion deal that the telecommunications company's bondholders fought, saying it would reduce their holdings to junk.


 

Teachers remain committed to BCE takeover despite ruling

Newsvine - business  Thu, 05/22/2008 - 06:10

The purchase of BCE Inc., the parent of telecommunications holding company Bell Canada by a group led by one of Canada's largest pension funds hit a snag Wednesday when an appeals court sided with BCE bondholders who want to stop the $35.1 billion takeover.