Bell Aliant completes conversion to corporation, xwave sale

MONTREAL and HALIFAX – Bell Aliant has completed its conversion from an income trust to a corporate structure after receiving all unitholder, board, court and regulatory approvals.Unitholders of Bell Aliant Regional Communications Income Fund will receive one common share of the new corporation, known as Bell Aliant Inc. The company’s common shares will begin trading on the Toronto Stock Exchange on January 4th under the trading symbol BA."I am pleased that the conversion to a corporate structure is now completed," said president and CEO, Karen Sheriff, in a statement. "The new structure will reduce our administrative costs and complexity from that...