Aliant Income Fund deal to close July 7

SAINT JOHN and MONTREAL – Bell Canada Enterprises and Aliant announced today that the Aliant plan of arrangement for the creation of the new Bell Aliant Regional Communications Income Fund is expected to be completed on July 7, 2006. BCE also announced that the anticipated effective date of its plan of arrangement is July 10, 2006, which will be the record date of the distribution by BCE of units of Bell Aliant and the consolidation of BCE's outstanding common shares. As reported by Cartt.ca, the new income trust will combine Aliant's wireline operation in Atlantic Canada and Bell Canada's wireline...