Friday, July 4, 2008

BCE Deal is Done!

Well the BCE deal is finally going to be done and is expected to close before the 11th of December! I purchased BCE in December 2007 and although I didn’t expect the volatility, or the favourable ruling for the bondholders it is nice to see that my rational for buying was correct. To see my original thesis behind purchasing BCE please click here.

Whether BCE is actually worth $42.75 is a whole other story though....

2 comments:

MG (moneygardener) said...

I guess the market was wrong this time! Nice buy.

MoneyEnergy said...

11th of December, eh? This is the first time I've actually heard/read a date for that. Why so long? I thought they wanted it done by the end of the current quarter. Can you post the source on the date?