Archive for March, 2007
Maclean’s reads blogs
31 March 2007Our regular readers might be starting to sense that we get a kick out of this stuff. Here is the Google ad text that Rogers Media is running right now on any blog that mentions “Conrad Black”:
The U.S. vs. Conrad Black
The Maclean’s guide to the white-collar trial of the century.
www.macleans.ca
Two things come to mind. [...]
Canadian bondholder activism
30 March 2007That’s not the kind of headline that usually reels them in, which might explain why so little ink has been spilled telling the bondholders’ story in this potential KKR/BCE buyout. I have written about covenants before and think this is a story worth looking at and that we may hear more about. If Sears [...]
Conrad – longing for the 1800s
30 March 2007As each day progresses, the Conrad Black trial in Chicago becomes increasingly about the tension between the “rights of the nobility” and the “rights of the shareholder”. Had Black been born in the 1800s instead of the 1900s, none of this would be happening. And, perhaps, had he retired even a few years [...]
BCE Takeover 2
29 March 2007The press release that came out from BCE (BCE:TSX) in response to the story this morning in the Globe and Mail was interesting, as much by what it did say, and how it was said, as what it didn’t:
“At the request of the TSX Market Regulation Services, BCE today issued a statement to confirm the [...]
BCE takeover – only a matter of time
29 March 2007Reflect for a moment on the events leading up to the rumours this morning that KKR is in talks to take BCE private for at least $30 billion, likely in conjunction with OTPPB. The ironies abound:
- for all of the gnashing of teeth about leaky M&A deals, even this one leaked before folks were [...]