Tuesday, April 10, 2007

BCE Up on Reports Ontario Teachers' Pension Plan Planning Bid

BCE, Inc. (NYSE: BCE) is higher on reports from the New York Times and the Globe and Mail that 5.3% holder Ontario Teachers' Pension Plan approached Caisse de Depot et Placement du Quebec and the Canada Plan Investment Board about making a $45 billion bid for BCE. The reports also said the fund held talks will at least one private equity firm.

A follow-up report from Bloomberg, noted that Teachers' Fund said it isn't excluding anything on BCE (NYSE: BCE), executive says.



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