BCE Inc. solidified its status as Canada's biggest owner of mass media assets by purchasing Astral Media Inc., in March, for $3.38 billion. Bell Canada Enterprises ranks with Quebecor Inc., Rogers Communications Inc. and Shaw Communications Inc. among the dominant forces in Canadian mass media.
Mergers and acquisitions seldom boost employment; in fact they have the opposite effect. But they do boost CEO salaries, which trickle down to some of the finest resorts, yacht clubs and jewellery shops in the world.
> The article above was written by Barry Weisleder.
No comments:
Post a Comment