RE: RE: BCE + Telus = BelusLook I doubt there will be a merger it might move the stock in the in-term kinda like what YHOO did with MSFT but I highly doubt it...I think this is the best scenario and the most likely...
BCE will stay public will re-instate dividend and either do a massive share buyback or do a special dividend. The teachers have there CEO in place and the company is leaner and stronger. I think the stock moves to 28-30 within the next couple of days. I think yes teachers will walk away won't revist it but will increase there stake considerably maybe 20 - 30% they might even do an open tender--like dubai world did with MGM.
Yes it sucks if you bought this at $38 waiting for 42.75 but look at the silver lining this company is much different than it was 12 months ago for the better and it has wonderful balance sheet. If you are left holding the bag at $38 and you have a long term horizon just get paid to wait you'll get a nice 6% yield at this level and once we enter a bull market you'll see 42.75 again but only as a public company.....just IMHO
Oh ya another good thing from a technical point is this stock bounce off its support of $25 which has been around for almost a decade...