Thursday, June 21, 2007

Telus/Bell Merger

Telus Enters Race For Bell Canada Buyout

Telus Corp. and Bell Canada Inc., the target of several privatization bids in the past few months, said they have been discussing a merger that would be an "all-Canadian solution." As first reported on www.nationalpost.com, Vancouver-based Telus plans to make a cash-and-stock bid for its Eastern Canadian counterpart. Both companies separately confirmed the talks late Wednesday and Thursday morning.

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