BCE, Inc. (BCE) Said There are No Ongoing Discussions With Any Private Equity Investor

In response to rumors private equity firm KKR was in talks to acquire BCE, Inc. (NYSE: BCE) the company said, "there are no ongoing discussions being held with any private equity investor with respect to any privatization of the Company or any similar transaction. BCE further stated the company has no current intention to pursue such discussions."

Rumors of a KKR takeover sent shares of BCE up over 10% in early action Thursday.