Bond holder has not even won a single point in the court. The ruling from the judge was so strong. I am not a lawyer and not wish to be. Why they still wanted to appeal? They were not even close. You told me the judge was totally out of lunch. But I think the bond holder is playing some sort of game that they know they will lose again. But by delay the take over, BCE will be running out of time so the bankers can walk away without penalty. I am not sure this is what bond holders are in mind. Someone can lighten my view would be appreciated.
I agree. If the bondholders can delay this deal, they think it will fall apart and that is what they are after. Hope common sense will win out. The bondholders out to destroy this deal, that is for sure.
The appeal court has already said that thye will fast track on this case. BCE is very confident that they will close this deal by June 30th. The CRTC will announce their ruling this week which is expected in favour of BCE. What the bond holders going to get?? another other big legal bill. I understood that not all the bond holders wanted to appeal but only a few totally foolish holdrs!!!! any comments