{"id":153,"date":"2006-10-11T10:14:42","date_gmt":"2006-10-11T14:14:42","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=153"},"modified":"2006-10-11T10:14:42","modified_gmt":"2006-10-11T14:14:42","slug":"bce-to-make-offer-for-all-bce-bc-preferred-shares","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=153","title":{"rendered":"BCE to Make Offer for All BCE \/ BC Preferred Shares"},"content":{"rendered":"<p>According to a <a href=\"http:\/\/www.newswire.ca\/en\/releases\/archive\/October2006\/11\/c6730.html\">news release<\/a> issued today, BCE will &#8220;eliminate its holding company operations and convert Bell Canada into an income trust.&#8221;<\/p>\n<p>As part of this transaction &#8220;BCE and Bell Canada to make cash offer to repurchase all of their\u00a0outstanding preferred shares&#8221;, specifically:<\/p>\n<p>BCE and Bell Canada expect that the cash offer prices for the preferred shares will be as follows (information from linked press release)<\/p>\n<p>\u00a0\u00a0\u00a0 &#8211; $26.05 per share for the Series R First Preferred Shares of BCE (<strong>BCE.PR.R<\/strong> closed 10\/10 @ 25.45-79)<br \/>\n\u00a0\u00a0\u00a0 &#8211; $25.60 per share for the currently redeemable Series S First Preferred Shares of BCE (<strong>BCE.PR.S<\/strong> closed 10\/10 @ 24.85-05)<br \/>\n\u00a0\u00a0\u00a0 &#8211; $25.60 per share for the currently redeemable Series Y First Preferred\u00a0Shares of BCE (<strong>BCE.PR.Y<\/strong> closed 10\/10 @ 24.40-54)<br \/>\n\u00a0\u00a0\u00a0 &#8211; $25.75 per share for the Series Z First Preferred Shares of BCE (<strong>BCE.PR.Z<\/strong> closed 10\/10 @ 25.50-59)<br \/>\n\u00a0\u00a0\u00a0 &#8211; $25.65 per share for the Series AA First Preferred Shares of BCE (<strong>BCE.PR.A<\/strong>\u00a0closed 10\/10 @ 25.39-59)<br \/>\n\u00a0\u00a0\u00a0 &#8211; $25.85 per share for the Series AC First Preferred Shares of BCE (<strong>BCE.PR.C<\/strong> closed 10\/10 @ 25.65-72)<br \/>\n\u00a0\u00a0\u00a0 &#8211; $25.60 per share for the currently redeemable Series 15 Class A\u00a0Preferred Shares of Bell Canada (not tracked by HIMIPref\u2122)<br \/>\n\u00a0\u00a0\u00a0 &#8211; $26.05 per share for the Series 16 Class A Preferred Shares of Bell Canada (not tracked by HIMIPref\u2122)<br \/>\n\u00a0\u00a0\u00a0 &#8211; $25.95 per share for the Series 17 Class A Preferred Shares of Bell Canada (<strong>BC.PR.B<\/strong> closed 10\/10 @ 25.10-24)<br \/>\n\u00a0\u00a0\u00a0 &#8211; $25.60 per share for the currently redeemable Series 18 Class A Preferred Shares of Bell Canada (<strong>BC.PR.E<\/strong> closed 10\/10 @ 25.13-25)<br \/>\n\u00a0\u00a0\u00a0 &#8211; $26.25 per share for the Series 19 Class A Preferred Shares of Bell Canada (<strong>BC.PR.C<\/strong> closed 10\/10 @ 25.46-51)<\/p>\n<p>&#8220;BCE also intends to directly or indirectly make an offer to acquire any Series T First Preferred Shares of BCE that may be issued on conversion of the currently outstanding Series S First Preferred Shares.&#8221;\n<\/p>\n<p><!--0737e19d25dd2d0bded2f6730045b485--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a news release issued today, BCE will &#8220;eliminate its holding company operations and convert Bell Canada into an income trust.&#8221; As part of this transaction &#8220;BCE and Bell Canada to make cash offer &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-153","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=153"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/153\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}