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Law & Health Weekly

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BCE INC.



BCE states action brought on behalf of Shareholders is completely without merit



November 15th, 2008

BCE (TSX, NYSE: BCE) today stated that the action brought under the Saskatchewan Class Action Act on behalf of common shareholders of BCE is completely without merit and will be vigorously defended in court. The Statement of Claim seeks, among other things, the payment of BCE's second and third quarter common dividends, damages and an injunction to halt the privatization transaction until the dividends are paid.

Pursuant to the Definitive Agreement relating to the privatization transaction, as amended, the acquisition of the company is scheduled to close on or before December 11, 2008.

Keywords: BCE INC.

This article was prepared...


Source: Law & Health Weekly (2008-11-15)

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