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BCE, Astral, extend deal’s closing date

Media | 05/31/2013 8:44 pm EDT

Astral Media Inc. and BCE Inc. extended the deadline to close their acquisition agreement to July 31, the companies said. The previous deadline was June 1. BCE has proposed a purchase of Astral for $3.38 billion. The CRTC, which held a public hearing on the transaction this month, is expected to issue its decision on it in early summer....