BCE and funds to pay C$1.1 billion for Q9 Networks

Canada's biggest telecommunications company, BCE Inc , has joined with a group of private equity fund managers to buy data center company Q9 Networks Inc for C$1.1 billion , BCE said on Saturday. Toronto-based ...

Silver Lake Management LLC and partners are close to lining up about $15 billion in funds for a buyout of Dell Inc., the third-biggest maker of personal computers, said people familiar with the matter.

TORONTO (Reuters) - BCE Inc said on Thursday it will ask the federal government to intervene to help overturn a ruling by Canada's broadcast regulator to block BCE's C$3 billion ($3.05 billion) takeover of content provider Astral Media. The Canadian Radio-Television and Telecommunications Commission (CRTC) blocked the controversial deal on Thursday, saying the deal would have given too much power to BCE, already the country's biggest telecoms company and owner of numerous TV and radio assets. BCE said it will ask the federal government to intervene and issue direction to the CRTC. ($1 = 0. ...

BusinessWeek speculates that the attacks on Romney's work at Bain may cause pension funds to pull out of private equity deals:

Goldman Sachs recently released its Hedge Fund Trend Monitor, a massive report detailing the fourth quarter investment moves made by the world's biggest hedge funds.

Trevor Lwin and Bruce Moszcelt are part of a new breed of corporate financiers/entrepreneurs: both are still relatively young, both have acquired considerable experience by working in the mid-market advisory area for a dealer and both are keen to use those talents to buy, with a group of external investors, a small privately-owned business. It seems like traditional private equity. But the focus of the two, who worked together at BMO Capital Markets for about a decade and who recently formed Gestalt Equity Partners, differs in two areas:

In an interview before the Super Bowl, President Obama took a jab at hedge funds and private equity firms across the country, saying that he would finally take on "carried interest" tax, Reuters reports.

GATINEAU, Quebec (Reuters) - Canada's broadcast regulator blocked BCE Inc's C$3 billion ($3.05 billion) takeover of Astral Media on Thursday, declaring the deal would give too much power to BCE, already the country's biggest telecoms company and owner of numerous TV and radio assets. "BCE failed to persuade us that the deal would benefit Canadians," said Jean-Pierre Blais, who took over as chairman of the Canadian Radio-Television and Telecommunications Commission (CRTC) four months ago. ...