Cable / Telecom News

BCE deal done, Sabia departs

MONTREAL – So much for all the speculation that the world’s largest leveraged buyout was going to fall apart.BCE today announced the company has entered into a final agreement with a company formed by an investor group led by Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan, Providence Equity Partners Inc., Madison Dearborn Partners, LLC, and Merrill Lynch Global Private Equity. As a result of the execution of the final agreement, amending the definitive agreement dated June 29, 2007: * The purchase price will remain $42.75 per common share; * The Purchaser and the Lenders...