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MTS shareholders approve takeover by Bell Canada

Connectivity BusinessbyConnectivity Business
June 23, 2016
in Financing, Government and Legal, Investments, Space Services, Strategy and Markets
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Shareholders of Canada’s Manitoba Telecom Service (MTS) have voted overwhelmingly in favour of the company’s acquisition by incumbent Bell Canada (BTC) in a C$3.9bn (US$3.1bn) cash-and-stock deal. Montréal-based Bell said 99.66% of the votes cast by MTS shareholders at a special meeting in Winnipeg today supported the transaction, which will see the telecoms and satellite TV […]

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Tags: Bell CanadaManitoba Telecom Services (MTS)North AmericaPremiumRogers CommunicationsSaskTelTelusTF247
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