Budding BCE buyers' list officially broadens

MONTREAL – Bell Canada Enterprises' Strategic Oversight Committee confirmed today what's been rumored since last week, that another group is looking at taking the country's largest telecom company private.Members of this new group, headed by American private equity firm Cerberus Capital Management (the same company buying Chrysler) "have signed non-disclosure and standstill agreements with BCE on a non-exclusive basis," says today's BCE press release. Besides Cerberus, the also Canadian investors. Printed reports over the past few days suggest a number of partners, such as Shaw Communications and CanWest Global. According to Canadian telecom regulations, majority ownership of the company must...