Canada's BCE Strikes $2.5B Deal For Manitoba Telecom
By Matthew Perlman ( May 2, 2016, 3:45 PM EDT) -- Canadian telecom and media giant BCE Inc. said Monday that it has agreed to purchase Manitoba Telecom Services Inc. in a cash and stock deal worth CA$3.1 billion ($2.47 billion) while agreeing to shed one-third of its regional rival's subscribers and invest $1 billion for infrastructure improvements....
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