HALIFAX – Thanks to the federal government's decision on income trusts, Bell Aliant Income Fund has revised its offer to take Bell Nordiq Income Fund private.Bell Aliant currently holds a 63.34% voting interest in Bell Nordiq and had bid for the rest of it on October 11th. On November 3, 2006 Bell Aliant announced it was reconsidering the value and other terms of the proposal in light of the Feds' October 31, 2006 announcement. Under Bell Aliant's new proposal, Bell Nordiq unitholders would receive $4 in cash and 0.4113 of a Bell Aliant unit for each Bell Nordiq unit. This...
