Bell and Astral submit new purchase proposal saying Canadians deserve more

MONTREAL – There are few details at this time other than the fact Bell will ask for an exception to keep TSN Radio 690 in Montreal, but Monday morning Astral Media and BCE announced they’ve amended their sale agreement and have submitted a new proposal to the CRTC for approval of Bell's acquisition of Astral. The $3.38 billion purchase price remains unchanged. Bell also announced that it has formally withdrawn its request to the federal Cabinet for a policy direction to the CRTC which was made in the wake last month’s Commission denial of the first purchase attempt. It has...