The federal broadcast regulator gave an unequivocal thumbs down to BCE's takeover of Astral Media. Newly installed CRTC commissioner Jean-Pierre Blais declared on October 18th the 3.4-billion-dollar deal was not good for consumers. (The surprise announcement came after stock markets closed and marked the first major decision for Blais. BCE later announced it would file a revised offer.)

Date: 2012-10-18
Placeline: OTTAWA, Ontario.
Source: The Canadian Press
Length: 11 seconds

Transcript Prediction: << at the end of the day BC demonstrated clearly that the proposed transaction was good for BC but we were not persuaded that it was in the best interest of Canadians >>

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