Under the terms of the deal, Bell Canada has purchased about 9.5 million, or 86.3%, of Montreal-based Nexxlink’s shares, at a cost of C$6.05 a share ($4.89 a share). Nexxlink investors who have not yet tendered their shares will be given until February 7 to hand them over to Bell Canada.
Nexxlink employs some 900 people, and recorded revenue of C$100.3 million ($81.1 million) for the fiscal year ended July 31, 2004.
