Cable / Telecom News

Teachers sticking with Bell bid

TORONTO – With turmoil in credit markets gaining heat over the past weeks, there has been some speculation about the status of the $51.7 billion purchase of Bell Canada. On Friday, the Ontario Teachers' Pension Plan iced that speculation saying it would not re-price the deal and that it and its partners are committed to it. "In response to media inquires, officials at Ontario Teachers’ Pension Plan and their partners Providence Equity Partners Inc. and Madison Dearborn Partners, LLC, stated today that they remain committed to the terms of the definitive agreement reached on June 30, under which the investment...