RE:RE:RE:RE:RE:Buy at 38.00Lots of what ifs, but the real hurdle is if government allows for BCE to bulk up further.
Assuming it goes through being able to get pure cash is not a sure thing for investors:
"MTS shareholders will be able to elect to receive $40.00 per share in cash or 0.6756 of a BCE common share for each MTS common share, subject to proration, such that the aggregate consideration to be paid to MTS shareholders will be 45% in cash and 55% in BCE common shares."
- https://web.tmxmoney.com/article.php?newsid=86775513&qm_symbol=MBT
Essentially, they have a limited amount of cash and shares available for the deal. Most people will likely take cash. There wouldn't be enough cash to go around, so they'll prorate the deal so people will get a mix 45% cash and 55% BCE shares.