bce-astral acquisition

After an outright rejection from the CRTC against the proposed merger with Astral Media in mid-October, BCE wants to get back to the bargaining table. The CEO of BCE, George Cope and his team have tabled a new proposal to meet the regulatory requirements set forth by the CRTC and in so doing...

BCE and Astral will buy some time by extending the closing date of the proposed merger to December 16th. With last week's CRTC ruling denying regulatory approval for the $3.4 billion merger, BCE is pulling out the stops. Another option still available is appealing the decision to the Federal...