BCE to Buy Astral Media for C$3 Billion

(Corrects to say deal is for cash and stock)

BCE Inc. (BCE), Canada’s largest telecommunications company, said it will acquire Astral Media Inc. (ACM/A) for about C$3 billion in cash and stock, adding Quebec communications properties.

To contact the editor responsible for this story: JoAnne Norton at jnorton@bloomberg.net

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