Cable / Telecom News

Quebec court approves BCE sale


MONTREAL – The Quebec Superior Court has approved BCE’s planned sale to a consortium led by the Teacher’s Private Capital, it was announced Friday. Some shareholders were fighting the deal, but the court “dismissed all claims asserted by or on behalf of certain holders of Bell Canada debentures.” “We are very pleased with the Superior Court’s decisions. On every point of contention, the court ruled in favour of BCE,” said BCE and Bell Canada chief legal officer Martine Turcotte. “The court’s decisions affirm our long-standing position that the claims of these debenture holders are without merit and that BCE acted...