According to David Friend of the Canadian Press, investors are shying away from BCE stocks and the risks of its current quagmire. He goes on to point out that though the stock price is likely to fall because the chances of another potential buyer entering the fray seems unlikely, there is still an upside according to an analysis of BCE's position in the latest issue of the Investment Reporter, an industry newsletter.
"Should the takeover fall through, BCE shares would likely drop, but after that, they should recover. After all, BCE would likely reward its shareholders with a special dividend, higher regular dividends or share buybacks," the publication said.
- Jeffrey Watson
"Should the takeover fall through, BCE shares would likely drop, but after that, they should recover. After all, BCE would likely reward its shareholders with a special dividend, higher regular dividends or share buybacks," the publication said.
- Jeffrey Watson
