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It is a short-term setback, but we need to act fast. The happenings in Mumbai last week were attacks of a different kind.
NEW YORK/TORONTO (Reuters) - Some of the private equity buyers of BCE Inc , Canada's biggest telecom company, are floating an alternative deal to the C$34.8 billion ($28.3 billion) leveraged buyout that was put in jeopardy a week ago, a source familiar with the situation said.
Some of the proposed buyers have offered to scrap their troubled $50 billion takeover of the company, instead taking a minority stake, people briefed on the matter said Thursday.
The buyout group that had sought to privatize BCE Inc. now wants to replace their fragile $52-billion takeover with a proposal that would give the acquirers a minority stake in the Canadian telecommunications giant.
By Emily Chasan
NEW YORK, Dec 4 (Reuters) - Chipmaker Freescale Semiconductor Inc said on Thursday it will use its payment-in- kind option to make an interest payment on its debt next year, taking advantage of one of the debt relief tools offered by lenders in the height of the private-equity boom.
Dec. 4 (Bloomberg) -- The private-equity firms that agreed to buy BCE Inc. for C$52 billion ($42 billion) may instead seek to acquire a minority stake in the Canadian phone company, according to two people with knowledge of the plan.
The Forbes.com Investor Team shorts credit card companies and ponders the falling price of oil.
Nearly six months after announcing a pending agreement, Washington Real Estate Investment Trust has closed on the acquisition of 2445 M Street, a Class A, nine-story, 290,000-square-foot office building in Washington, D.C., for $181.4 million.
The proposed buyers of Bell Canada have offered to scrap the troubled $50 billion takeover of the telecommunications giant, instead taking about a minority stake of less than 20 percent, people briefed on the matter told DealBook on Thursday.
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