Post by
ascii2 on Dec 25, 2014 1:59am
Roger's BCE to form joint venture for control of Glentel
Here are the links: Rogers and BCE are protecting their interests and costs to make sure others don't jump in. Glentel shareholders are not assured of deal. Rogers get 50% stake for $335 million cash deal. It will assure them access to all locations. BCE and Rogers will make more money by selling international operations 735 locations in the U.S. and 147 in Australia and the Philippines and rest of business centers.
https://mobilesyrup.com/2014/12/24/rogers-and-bce-to-form-another-partnership-this-time-for-glentel/
https://www.theglobeandmail.com/report-on-business/rogers-bce-to-form-joint-venture-for-control-of-glentel-inc/article22206001/
https://www.stockhouse.com/news/press-releases/2014/12/24/rogers-to-form-joint-venture-with-bce-for-canadian-retail-operations-of-glentel
these are "spectacular turn of events, possibly a holiday miracle, and a nice X-MAS gift" for Glentel's share holders.
Comment by
ascii2 on Dec 25, 2014 2:02am
Typo Correction : please read "Glentel share holders are now assured of deal"