Friday, November 16, 2012

BCE, Astral said to be ready to announce a new deal

BCE Inc. and Astral Media Inc. are poised to announce a new takeover deal that seeks to overcome regulatory opposition with a plan to auction off a number of Astral’s English broadcast assets, the Globe and Mail reports.
People familiar with the talks said the terms of the transaction have largely been finalized and a deal could be announced as early as Friday.
We shall see!
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