The $42B private-equity takeover of BCE Inc. (BCE), slated to close on Dec. 11, hits a huge snag...

|About: BCE Inc. (BCE)|By:, SA News Editor

The $42B private-equity takeover of BCE Inc. (BCE), slated to close on Dec. 11, hits a huge snag after an independent valuation firm refuses to deliver BCE a solvency certificate - an express condition to the merger. Shares -24.5% to $23.20, down from $31.28. The deal price: $34.90. (PR)