Cable / Telecom News

BCE sells off Globe and Mail stake

MONTREAL - BCE said late Friday that it has sold its 15% equity position in the Globe and Mail Inc. to The Woodbridge Company Limited, the primary investment vehicle for members of the Thomson family of Canada and majority owner of the Globe.Terms of the transaction were not disclosed."We thank Woodbridge for their partnership and support over the years and wish them the very best in taking Canada's national newspaper forward," said BCE and Bell Canada president and CEO George Cope, in the brief