(Reuters) - Each stapled security would consist of one underlying Bidco
common share and one Bidco subordinated debt security. The
combined dividends and interest per stapled security would be
set at an initial annual rate of C$2.55, Catalyst said. This
compares with BCE's current dividend of C$1.46 a share, it
said.
BCE, parent of phone company Bell Canada, is already the
target of three buyout consortiums and is also in talks to be
acquired by smaller rival Telus Corp.
Read more at Reuters.com Bonds News
common share and one Bidco subordinated debt security. The
combined dividends and interest per stapled security would be
set at an initial annual rate of C$2.55, Catalyst said. This
compares with BCE's current dividend of C$1.46 a share, it
said.
BCE, parent of phone company Bell Canada, is already the
target of three buyout consortiums and is also in talks to be
acquired by smaller rival Telus Corp.
Read more at Reuters.com Bonds News
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