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BCE Inc. Message Board

  • nofence81 nofence81 Dec 11, 2008 7:21 AM Flag

    Almost a sure thing

    That the buyers will pay at least the lawyers fees that BCE had to pay all along the saga. This is a common practice. But the break up fee won't be paid because a third party caused the deal to fail.

    Like in the case of Blackstone and Alliance Data, the seller (BCE, like Alliance Data) will announce a lawsuit only to make sure the buyers feel some pressure to pay something, and then behind the curtain, the buyers will pay the lawyers fees and shareholders won't hear about it anymore.

 
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