Canada's BCE to take Bell Aliant private in $3.7 billion deal

Jul 23 2014 10:37AM EST | Source: REUTERS Technology

TORONTO (Reuters) - Canada's largest telecom company, BCE Inc, said on Wednesday it will pay C$3.95 billion ($3.68 billion) to take regional telecom Bell Aliant BA.TO private, buying the 56 percent stake it does not already own to cut expenses and bolster its offerings in Atlantic Canada.