MONTREAL - A prominent investor and a business watchdog are denouncing BCE Inc.'s plan to pay Astral Media Inc.'s founding family more than other shareholders to buy the media company, calling it a corporate governance blunder.
BCE Inc. and Rogers Communications Inc., the two largest telecom and media providers in the country who are jointly buying the Toronto Maple Leafs, sought Thursday to gain regulatory approval to acquire the club's television licences.
Competition authorities have given the green light for Rogers Communications Inc. and BCE Inc. to proceed with a joint $1.3-billion deal to buy a controlling stake in pro sports powerhouse Maple Leaf Sports and Entertainment.
The Globe and Mail has won a $165,000 costs award after an unsuccessful attempt by a University of Toronto law professor to unmask the source of a business story on the 2008 attempted leveraged buyout of BCE Inc.
Bell Mobility faces $100M lawsuit over pre-paid wireless contracts. Bell Mobility and its parent company, BCE Inc. have been served with notice of a $100-million class action lawsuit alleging that expiry dates on its pre-paid wireless services are illegal.