Bell Canada, which received approval late last year to be sold to the Ontario Teachers Pension Plan and two private equity firms, posted relatively flat revenue of about $4.55 billion for the final quarter of 2007, compared with the same period in 2006. The company also saw operating income slide. The $52 billion acquisition is still scheduled to close in the early part of the second quarter this year, despite the chaotic market environment.
For more:
- read this story from The Canadian Press