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Originally Posted by I-Hate-Hulse
Uhh - speaking from someone who's been through such deals, you do know that the BCE privatization has some questions marks around it? The Street is extremely unreceptive to debt right now, and it remains to be seen if the bid group can raise enough of it for the deal to go through. Not saying it won't go through, but don't count on it as sure thing.
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I know nothing is forsure, and as a BCE employee I do not think I have any additional info... all I know is evertything we are doing as a company seems to be in preperation for this and the executive attidue here is ofcourse its going through...
My other thought was that BCE is still a decent stock... even if the deal fails the stock will still exist and while expecting it to trade at $34-35 dollars if the deal fails is probably unrealistic I won't lose everything... in the stock market we have been seeing these days I figure its a pretty good bet in the whole loss vs potential gain category.