Federal Government taking out 30% voting clauseBased on a Bloomberg artical Friday it looks like the Feds are taking out a restriction which will make it easier for Canada Pension funds to purchase Canadian entities (owning more than 30%)
Well, wasn't it during the great credit crisis in 2008 when BCE was almost purchased by a Canada Pension fund............................only to be cancelled due to the banking crisis during that period and the lack of liquidity to support the deal.
I'm only speculating but it would make sense for one of the Canada Pension plans to take a run at BCE at this time of weakness.
Hmmmmmmm. you get arguably the largest Telco in the Canada monopoly and it would give BCE a way out after promising not to cut the divi and instead privatize it under the Pension umbrella
Maybe just wishful thinking........
Just IMO Cooper!