Cable / Telecom News

BCE update


MONTREAL – With bids due this week, perhaps this morning, and rumors swirling all around, here's where the perplexing BCE bid brouhaha stands right now. * According to a report in the Globe and Mail, both Onex Corp. and the Caisse de depot et placement due Quebec have decided not to take part in the bid for BCE with the Canada Pension Plan Investment Board and U.S. private equity firm Kohlberg Kravis & Roberts Co., potentially scuttling that bid.* The Ontario Teachers Pension Plan told Reuters that it will definitely make a bid. Teachers is currently Bell's largest shareholder with...