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Posted AT 2:07 PM EST on 10/11/08

Judge denies injunction to stop BCE takeover

Globe and Mail update and The Canadian Press

A Saskatchewan judge on Monday denied a shareholder claim seeking an injunction to halt the $35-billion leveraged buyout of BCE Inc. A lawsuit filed last month by Merchant Law Group LLP in Regina on behalf of two investors is seeking damages of more than $588-million for cancelled dividends.

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