 l0thar
join:2005-12-29
Far Far Away
kudos:1 | reply to Farchord
Re: Telus-Bell Merge Rumor - Say Whaaaaaaat!?!? Telus wanted to buy BCE back when they put it up for sale; lost to the Teachers bid, which thankfully didn't close in the end (at an inflated share price, it would be a bad move for the pension plan).
So, I wouldn't be surprised if they tried again.  |
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 R0CKYTSI RockyPremium,VIP
join:2005-05-19
Chatham, ON | Haven't read the article but Cope is ex-Telus I believe so it is entirely possible! |
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grunze510
join:2009-02-14
Cote Saint-Luc, QC
kudos:1 | Great... so we're going to have to deal with fish, monkeys, and chameleons lying and telling us that their company is bettER.
And once Bellus comes around, the CRTC is probably still gonna brag about how competitive the Canadian cell market is. |
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| reply to l0thar
said by l0thar:Telus wanted to buy BCE back when they put it up for sale; lost to the Teachers bid, which thankfully didn't close in the end (at an inflated share price, it would be a bad move for the pension plan). So, I wouldn't be surprised if they tried again. They didn't lose the bid.
Bell closed the accounting books on them and wouldn't let them review claims of how much Bell is actually worth.
Telus had to back out of a multi-billion dollar deal.
Would you bid on a company if they closed the books on you?
Then the teachers fund/KPMG determined Bell wasn't worth the money and didn't pass a solvency test.
So it's not a matter of them losing a bid, its a matter of Bell not allowing them the opportunity to review the figures Bell presented to everyone.
Big difference. |
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