Wednesday, November 26, 2008
BCE buyout hits a snag
KPMG today stated that BCE will not meet its liquidity requirements set out in its buyout. (see here) This places the buyout at risk. Predictably, shares tanked: bce-pa.to was down 25%!. Jeez. But I'm still getting paid 5% for waiting.
Labels:
BCE,
BCE.PR.A,
preferred shares
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