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Indications of an ‘audacious’ Bell-Astral decision, analyst says

Media | 06/14/2013 8:49 pm EDT

Following the CRTC's wireless code decision last week, the regulator may make a second “audacious” regulatory decision on BCE Inc.’s proposed $3.38-billion acquisition of Astral Media Inc., Veritas Investment Research said. Veritas analysts Neeraj Monga and Desmond Lau, in a research note Thursday, referred to CRTC Chairman Jean-Pierre Blais' speech at the Banff World Media festival on Wednesday, where he said the regulator's decision making process will mean “sometimes being audacious” with intervention and in other cases taking a “step back” and deregulating. Blais “quoted Napoleon Bonaparte and said 'the art of sometimes...