BCE says Quebec Court of Appeal decisions will be released Wednesday

MONTREAL – BCE Inc. announced Tuesday that it has been told by the Quebec Court of Appeal that its decisions on the appeals filed by disgruntled holders of Bell Canada debentures related to the company’s sale and other matters will be released at 7 p.m. on Wednesday, May 21. The $52-billion leveraged buyout of BCE Inc. by a consortium led by the Ontario Teachers Pension Plan was challenged in the courts by Bell bondholders. The bondholders appealed five recent rulings by Quebec Superior Court Justice Joel Silcoff that sided with Bell. The stock has recently traded at well below the...