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Pension Plan Buyout of Bell Canada Would Set Record
From:
The Washington Post
| Date:
July 1, 2007| Author:
Rob Gillies
| Copyright 2007 The Washington Post. This material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post.Copyright information
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Bell Canada agreed Saturday to be bought by a private partnership
led by the Ontario Teachers Pension Plan in a deal valued at $48.5
billion that would be the largest leveraged buyout ever.
The deal to take Canada's largest telecommunications company
private, if approved by shareholders, would also be the largest
takeover ever in Canada.
The Ontario Teachers Pension Plan Board and the U.S.-based
Providence Equity Partners and Madison Dearborn Partners would buy
BCE for $48.5 bill...
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