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BCE Agrees to Landmark LBO

Ontario teachers' retirement fund lines up largest Canadian takeover ever

By M. Morris,  Newser Staff

Posted Jul 1, 2007 10:24 AM CDT

(Newser) – Canada's dominant telecom company will go private in the country's biggest takeover ever, and one of the largest LBOs in the world. A powerful teachers' retirement fund and two American private-equity firms made a deal yesterday for CBE, also known as Bell Canada. The $48....   Read full story »

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private equity • Canada • Bell Canada • privatization • telecom • takeover • Madison Dearborn • buyout • LBO • retirement fund • CBE • Providence Equity • teacher

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