Cable / Telecom News

Nordiq unitholders approve Aliant offer

MONTREAL - Unitholders of Bell Nordiq Income Fund have voted overwhelmingly in favour of the offer by Bell Aliant Regional Communications Income Fund to take Bell Nordiq Group private. At a special meeting Tuesday, 99.8% of all votes cast and 99.3% of the votes cast by minority unitholders were in favour of the privatization, says the press release. Subject to all other conditions precedent to the transaction being satisfied or waived by January 22nd, Bell Nordiq unitholders will be paid a special distribution of $4 in cash on January 29, 2007 and receive 0.4113 of a Bell Aliant unit in...