Mr. George Cope reports
BCE DIVESTS EQUITY STAKE IN THE GLOBE AND MAIL
BCE Inc. has sold its 15-per-cent equity position in the Globe and Mail Inc. to the Woodbridge Company Ltd., the primary investment vehicle for members of the Thomson family of Canada and majority owner of Globe. Terms of the transaction were not disclosed.
"We thank Woodbridge for their partnership and support over the years, and wish them the very best in taking Canada's national newspaper forward," said George Cope, president and chief executive officer of BCE and Bell Canada.
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