BCE’s $2. 9 billion Astral purchase clears a hurdle in Canada
TORONTO (Reuters) – Canada’s Competition Bureau has approved BCE Inc’s plan to acquire Astral Media Inc for C$3 billion ($2. 9 billion), but the Bell parent’s offer to buy the media company must still pass muster with the telecommunications regulator. The competition watchdog said on Monday its approval carried the condition that BCE, a growing broadcaster, must sell some of Astral’s pay and specialty television channels, including several Disney channels. . . .
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