Bell Aliant Inc BLIAF

What is your plan??

[box532]

"Bell Aliant shareholders can elect to receive either $31 in cash, or 0.6371 of one BCE share, or $7.75 in cash and 0.4778 of one BCE share for every share they own, the companies said."

[morrisharris]

This post has been removed in accordance with Community Policy

[Dibah42]

Best plan is to wait and see how the market treats BCE today and in the next few sessions.  No need to rush into any decisions.

[StocknerdEQcool]

Agree, there is no need to rush in. We should wait for a sweeter deal fhan this one. $3.0 plus is equal to 1-2 years dividends for long term investors (66% of the total BA share-holders). Cash $10+1BCE* shares is what i look for as a fair deal. Note * BCE could have their shares splited to 2 at this market price level. 

[Doingmybest]

Cashed out at $31.20. $31.00 offer is above stocks all time value, no way this doesn't pass shareholder approval.  No more dividends and a stagnant price, time to sell out and find the next 7%. Pleased with how this ended.

[StocknerdEQcool]

On the surface we all make $3 plus a share, not bad ! .... but one BA for 0.6371 of BCE is not attractive as BCE will be diluted and and price may fall..... Cash $7.75 and 0.4778 of BCE is todays market price of BA @ $31.55 (Boring assumption) I suggest BCE have a split of 1 to 2 shares for their existing holders plus $1.00 extract bonus; and a special deal with cash $10.00 + 1new BCE shares for