Friday, August 3, 2007

Telus to abandon BCE pursuit: report

(Reuters) - BCE, which is Canada's largest telecommunications group, has accepted an offer worth C$34.8 billion from a group including the Ontario Teachers Pension Plan.




Since pulling out of bidding, Telus had been lobbying regulators and meeting the Canadian Competition Bureau, hoping to get some guidance before BCE held its shareholder vote, the paper reported, citing unnamed sources.


Read more at Reuters.com Government Filings News

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