Tuesday, June 26, 2007

UPDATE 1-Telus says it won't bid for rival BCE

(Reuters) - Telus, which said last week it was in talks to explore
buying BCE and trumpeted the benefits of such a union, said in
a statement there were problems with BCE's bid review process.




"The inadequacies of BCE's bid process did not make it
possible for Telus to submit an offer," Vancouver-based Telus,
Canada's No. 2 telecoms firm, said.


Read more at Reuters.com Mergers News

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