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Bell Canada On The Auction Block – BCE In Talks To Sell Bell Canada

By: , IntoMobile
Wednesday, April 18th, 2007 at 12:34 PM

Bell Canada looking for a buyer - BCE buyout biggest in Canadian historyBell Canada (Canada’s largest telecom network) is on the auction block as parent company BCE Inc. negotiates to sell Bell Canada. Four companies are in talks with the Canadian company and the deal could be worth CDN $40 per share – a CDN $32 billion deal. BCE stock rose 6.4% with the news of a possible buyout, but representatives on both side are keeping a tight lip on the deal. Let’s see how this pans out for the biggest corporate buyout in Canadian hisory.

via: yahoonews

About The Author

Will Park

Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...