Cable & Telecom

Court strikes down BCE plaintiffs’ request for deal delay

MONTREAL - BCE said today that the Saskatchewan Court of Queen's Bench has struck the plaintiffs' claim to an injunction seeking to halt the privatization transaction. This claim had been made in connection with the action brought on October 27, 2008, as we reported here. "BCE also stated that the remaining claims asserted in this action are completely without merit, and will vigorously defend the claims in court," says the press release. The company added that the "acquisition of the company is scheduled to close on December 11, 2008."