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June 21, 2008
OTPP cleared to buy Bell Canada by Supreme Court
The Supreme Court of Canada on Friday ruled that the $52 billion purchase of Bell Canada is valid, allowing the Canadian telecommunications firm to be owned by the Ontario Teachers' Pension Plan. CBC reports that BCE stock jumped almost 10-percent as a result, rising $3.35 to close at $37.45 in New York. The deal overturns a previous court decision...
From OTPP cleared to buy Bell Canada by Supreme Court
Posted by Russell at June 21, 2008 09:32 AM
