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BCE Inc T.BCE

Alternate Symbol(s):  BCE | T.BCE.PR.A | BCPPF | T.BCE.PR.B | T.BCE.PR.C | BCEPF | T.BCE.PR.D | T.BCE.PR.E | BCAEF | T.BCE.PR.F | T.BCE.PR.G | BECEF | T.BCE.PR.H | T.BCE.PR.I | T.BCE.PR.J | T.BCE.PR.K | BCEXF | T.BCE.PR.M | T.BCE.PR.N | T.BCE.PR.Q | T.BCE.PR.R | BCEIF | T.BCE.PR.S | T.BCE.PR.T | T.BCE.PR.Y | BCEFF | T.BCE.PR.Z | T.BCE.PR.L

Communication Services Telecom Services
BCE Inc. is a Canada-based communications company. The Company provides wireless and fiber networks. The Company operates through one segment: Bell Communication and Technology Services (Bell CTS). Bell CTS segment provides a range of communication products and services to consumers, businesses and government customers across Canada. Its wireless products and services include mobile data and voice plans and devices and are available nationally. Its wireline products and services comprise data (including Internet access, Internet protocol television (IPTV), cloud-based services and business solutions), voice, and other communication services and products, which are available to its residential, small and medium-sized businesses and large enterprises customers primarily in Ontario, Quebec, the Atlantic provinces and Manitoba. This segment includes its wholesale business, which buys and sells local telephone, long-distance, data, and other services from or to resellers and other carriers.


TSX:BCE - Post by User

BCE Inc
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Post by gilbert3on Jul 02, 2007 12:07pm
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Post# 13026591

Did BCE accept the Best Offer?

Did BCE accept the Best Offer?Here is part of the Globe and Mail article: "BCE losers refuse to back down" Cerberus sweetened its offer twice on Friday, but was unable to win over the board with its eleventh-hour modifications. The first time, it increased the cash portion of its bid from $36 to $38 a share, along with a slice of equity in a new publicly traded company that its advisers valued at an additional $10 a share. Later, it proposed giving investors a "put" option, in an attempt to make the bid equal to those of its all-cash rivals. This option created a floor under the bid, ensuring investors could punt the equity back to Cerberus if its value fell below $44 a share.
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