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BCE Inc. Message Board

  • fwb54 fwb54 Apr 1, 2008 5:12 PM Flag

    Buyout going to happen!

    BMO Nesbitt sees BCE buyout going ahead
    Tue Apr 1, 2008 3:34pm EDT



    MONTREAL (Reuters) - The C$34.8 billion ($34.1 billion) buyout of BCE Inc (BCE.TO: Quote, Profile, Research), Canada's biggest telecom company, will get done as it was originally structured, the chairman of one of the securities firms advising the BCE board said on Tuesday.

    "My knowledge and my information is that the transaction will proceed as was planned," said Jacques Menard, chairman of BMO Nesbitt Burns and president of BMO Financial Group's (BMO.TO: Quote, Profile, Research) Quebec operations.

    "I'd be very surprised if this deal would not proceed on the basis on which it was designed," he told Reuters in an interview.

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