Court approves Bell Aliant conversion

HALIFAX - The Nova Scotia Supreme Court has approved Bell Aliant’s proposed conversion from an income trust to a corporate structure.Once completed, the transaction will result in the conversion of Bell Aliant's income trust structure into a dividend paying public corporation to be named 'Bell Aliant Inc.', with the trading symbol of TSX: BA. Under the conversion, Fund unitholders, who approved the conversion earlier this month, will receive one common share of the resulting public corporation for each unit held.The conversion remains subject to certain conditions, including regulatory and other approvals, and is expected to be completed on or about...