RE:RE:RE:RE:This year's Capital destroyer award goes toWhat BCE management actually said:
The transaction is expected to close in mid-2025. BCE currently intends to direct proceeds of this sale towards reducing debt levels and to support its ongoing transformation from telco to techco with a focus on core growth drivers.
SOURCE: https://bce.ca/news-and-media/releases/show/Canadians-can-count-on-TSN-for-Toronto-Maple-Leafs-and-Toronto-Raptors-game-action-through-access-to-content-rights-for-20-years-BCE-sells-its-minority-stake-in-MLSE
BlueDawn is just another bagholder trying to justify his bad investment.