Canada competition bureau backs $2.9 billion BCE-Astral deal

Posted on March 4, 2013

CRTC Chairman Blais speaks during a news conference in GatineauOTTAWA (Reuters) – Canada's Competition Bureau conditionally approved a C$ 3 billion ($ 2.9 billion) plan by BCE Inc, the country's biggest telecom company, to buy Astral Media Inc on Monday, but the offer must still pass muster with the telecom regulator. The competition watchdog said its approval is contingent on BCE, a growing broadcaster, selling a range of Astral's pay- and specialty-TV channels, including several Disney channels. …


Full Story Via Tech News Headlines – Yahoo! News

Related posts:

  1. Yahoo closes $7.6 billion deal with Alibaba Group
  2. Alcatel wins $1 billion deal with India’s Reliance Comms
  3. Best Buy Canada tackles online competition
  4. Disney to buy “Star Wars” producer for $4.05 billion
Bookmark the permalink.

Comments are closed.