BCE sets strategic review deadline

MONTREAL - The third quarter of 2007 (July-September) has been set as the deadline for a decision by the board of directors of Bell Canada Enterprises on its strategic review. Given the much-talked about potential for a sale of the company to private equity, the company officially embarked on a strategic review eight days ago to flesh out potential buyers and study possible actions which may or may not include a sale. However, at this point, most observers expect a sale, with the only question being to who. Today (Sunday) BCE announced that its board has set the third quarter...