International Business News - BCE http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif BCE reported Wednesday that its second-quarter profit fell to $361 million Canadian dollars ($344 million) from a year-ago C$667 million as the Canadian telecom giant prepared for its $35 billion buyout by a private equity consortium. http://www.ibtimes.com/articles/20080806/bce-second-quarter-profit-falls-before-sale.htm Wed, 06 Aug 2008 14:34:12 EDT Bell Canada said Monday that it will cut 2,500 jobs, or 6 percent of its work force, as Canada's largest communications company streamlines management to lower operating costs just ahead of its impending $35 billion takeover by a private equity group. http://www.ibtimes.com/articles/20080728/bell-canada-will-cut-2-500-jobs.htm Mon, 28 Jul 2008 15:48:31 EDT Telecommunications service providers closed mixed Monday as the broader market retreated amid worries about the financial sector, including the possibility of more financial troubles for Fannie Mae and Freddie Mac. http://www.ibtimes.com/articles/20080707/closing-glance-telecom-services.htm Mon, 07 Jul 2008 16:49:15 EDT Among the stock activity stories for Monday, July 7, from AP Financial News: NEW YORK (AP)--U.S.-traded shares of BCE Inc. jumped on Monday, the first trading day after Canada's largest telecommunications company said it has agreed to the terms of a $35 billion sale to a group of investors. http://www.ibtimes.com/articles/20080707/movers-roundup-bce-furniture-brands.htm Mon, 07 Jul 2008 14:16:51 EDT U.S.-traded shares of BCE Inc. jumped on Monday, the first trading day after Canada's largest telecommunications company said it has agreed to the terms of a $35 billion sale to a group of investors. http://www.ibtimes.com/articles/20080707/bce-up-after-it-agrees-to-buyout-terms.htm Mon, 07 Jul 2008 18:27:42 EDT BCE Inc, Canada's largest telecommunications company, said Friday it has agreed on terms of a $35 billion sale to a group led by the Ontario Teachers' Pension Plan in the biggest leveraged buyout ever. The deal is expected to be completed by mid-December. http://www.ibtimes.com/articles/20080705/canadian-telecom-bce-suitor-agree-on-terms.htm Sat, 05 Jul 2008 04:22:04 EDT BCE Inc, Canada's largest telecommunications company, said Friday it has agreed on terms of a $35 billion sale to a group led by the Ontario Teachers' Pension Plan in the biggest leveraged buyout ever. The deal is expected to be completed by mid-December. http://www.ibtimes.com/articles/20080704/canadian-telecom-bce-suitor-agree-on-terms.htm Fri, 04 Jul 2008 14:31:07 EDT It's been a year since BCE Inc. announced a $35-billion going-private deal with an Ontario Teachers' Pension Plan-led consortium and in that time the deal has cleared every obstacle but one--financing. http://www.ibtimes.com/articles/20080630/bce-defers-the-declaration-of-dividend.htm Mon, 30 Jun 2008 18:35:47 EDT Investors weary of the protracted effort to privatize BCE Inc. are gaining confidence that the blockbuster deal will close as planned, but nonetheless remain cautious that a funding roadblock can still scuttle Canada's largest corporate takeover. http://www.ibtimes.com/articles/20080623/bce-investors-boost-price-but-remain-cautious.htm Mon, 23 Jun 2008 17:57:13 EDT Stocks drop as credit woes continue, oil rises NEW YORK (AP)--Stocks tumbled Friday on escalating worries about the financial and automotive sectors and rebounding oil prices. The major indexes fell by more than 1 1/2 percent, and the Dow Jones industrial average gave up more than 200 points to end at its lowest levels in three months. http://www.ibtimes.com/articles/20080620/business-highlights.htm Fri, 20 Jun 2008 17:48:51 EDT BCE Inc. on Friday won the right to go ahead with the largest leveraged buyout in history, a US$35 billion deal that the telecommunications company's bondholders fought, saying it would reduce their holdings to junk. http://www.ibtimes.com/data/articleimgs/76244-.jpg http://www.ibtimes.com/articles/20080620/supreme-court-allows-bce-sale-proceed.htm http://www.ibtimes.com/articles/20080620/supreme-court-allows-bce-sale-proceed.htm Fri, 20 Jun 2008 20:13:55 EDT The Supreme Court of Canada said it will rule Friday on whether the $35 billion purchase of BCE Inc.--the largest leveraged buyout deal in history--can go ahead. http://www.ibtimes.com/articles/20080619/supreme-court-to-rule-on-buyout-of-bce.htm Thu, 19 Jun 2008 18:40:54 EDT The Supreme Court of Canada reserved its decision Tuesday on the $35 billion leveraged buyout of BCE Inc. Chief Justice Beverley McLachlin didn't indicate when the country's highest court would make its ruling but some lawyers said it could come as soon as late Tuesday afternoon after markets close. http://www.ibtimes.com/articles/20080617/supreme-court-reserves-judgment-on-bce-sale.htm Tue, 17 Jun 2008 14:32:42 EDT Canada's top court said Monday it will hear an appeal by the country's largest telecom company asking the justices to overturn a lower court's decision that would prevent its $35 billion sale to a teachers pension fund. http://www.ibtimes.com/articles/20080602/canadas-supreme-court-to-hear-bce-buyout-case.htm Mon, 02 Jun 2008 19:41:02 EDT Canada's largest telecom company asked the nation's top court Wednesday to hear its case seeking to overturn a lower court's decision that would prevent its $35 billion sale to a teachers pension fund. http://www.ibtimes.com/articles/20080528/bce-asks-supreme-court-to-hear-case-on-sale-threat.htm Wed, 28 May 2008 20:05:32 EDT Moves by Yahoo Inc. and Microsoft Corp. punctuated a fairly quiet week in tech, as the Internet icon postponed its annual meeting for the second time and the world's largest software company began luring search traffic with cash rebates. http://www.ibtimes.com/articles/20080523/tech-roundup-yahoo-delays-annual-meeting.htm Fri, 23 May 2008 17:09:13 EDT Shares in Bell Canada tumbled Thursday after a court ruled that its $35 billion sale to the Ontario Teachers Pension fund and others was unfair to bondholders. http://www.ibtimes.com/articles/20080522/teachers-remain-committed-to-bce-takeover-despite-ruling.htm Thu, 22 May 2008 16:42:28 EDT The purchase of BCE Inc., the parent of telecommunications holding company Bell Canada by a group led by one of Canada's largest pension funds hit a snag Wednesday when an appeals court sided with BCE bondholders who want to stop the $35.1 billion takeover. http://www.ibtimes.com/articles/20080521/teachers-remain-committed-to-bce-takeover-despite-ruling.htm Wed, 21 May 2008 22:34:57 EDT Telecommunications company BCE Inc. said Tuesday that a Canadian court's decision on the appeals filed by certain Bell Canada bond holders related to the company's pending privatization will be made public on Wednesday. http://www.ibtimes.com/articles/20080520/court-to-release-decision-on-appeals-in-bce-case.htm Tue, 20 May 2008 14:31:27 EDT Shares of telecom service providers traded mixed Monday as the broader rose after a report showed that while the economy remains sluggish, it is likely still growing and may dodge a recession. http://www.ibtimes.com/articles/20080519/closing-glance-telecom-services.htm Mon, 19 May 2008 16:07:42 EDT