Astral reports strong first quarter results for Fiscal 2013

Astral reports strong first quarter results for Fiscal 2013

January 10, 2013

• 7% increase in net earnings1
• 5% increase in diluted EPS1
• 4% increase in EBITDA2

January 10, 2013 - Astral Media Inc.today reported its financial results for the first quarter ended November 30, 2012, which saw continued growth in net earnings1, EPS1, EBITDA2, revenues and cash flow from operations2.

BCE to acquire Astral Media for $3-billion

BCE to acquire Astral Media for $3-billion
 susan krashinsky  Published Friday, Mar. 16, 2012 7:40AM EDT updated 8:29AM EDT

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BCE Inc. (BCE-T40.06-0.12-0.30%) has struck a $3-billion deal to acquire Astral Media Inc. (ACM.A-T36.250.350.97%), boosting the media content of the telecommunications giant in Quebec and positioning Bell better against Montreal-based media and telecom rival Quebecor Inc. (QBR.B-T35.93-0.37-1.02%).  The two companies announced the $50-a-share cash-and-stock deal Friday, valuing it at about $3.38-billion, including debt of $380-million.