Filed under: Deals, Top deals, Rumors, Financials and analyticals, Private equity industry, Public or private?
BCE, Inc. (NYSE: BCE) is one of the large multi-billion dollar pending mergers that’s on hold and is caught in the middle of a fight. Its merger has been on the books for almost a year and its ultimate fate isn’t know.
But because of all the speculation in this with a defined legal fight currently underway, and combined with the post Clear Channel Communications (NYSE: CCU) merger terms having changed, this one is uncertain. But….
We’ve seen a leveraged trading in the stock options activity today that threw up a massive giant red flag. There were more than 20,000 options contracts that have traded today that looks like a straddle play in the June options.
You can read the full story at Volume Spike (VSinvestor.com) to see in-depth options analysis, where we think this stock has to go, and more detailed data on the BCE, Inc. legal fight.
Jon C. Ogg
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