The Globe and Mail

Research analysts have got religion on disclosure, as Genuity Capital Markets showed Thursday when it published a report on Telus.
Genuity telecom analyst and co-head of research pumped out a report that looked at the implications of a potential Telus bid for Bell Canada: He sees $1-billion of potential savings from operating expenses and said: “We would not assume that Telus will to drive a transaction that favours BCE to the detriment of Telus shareholders.” 
The disclosure came up on the footnotes to this missive. Mr. Ghose added a line that said “Genuity Capital Markets is an advisor to Cerberus Capital Management on a potential bid for BCE,” While employee-owned Genuity has been rumoured to have such a mandate, in the past, the Toronto-based dealer has neither confirmed nor denied its involvement. Full marks for transparency to Mr. Ghose.
New York-based Cerberus is one of three private equity suitors from BCE. Groups led by the CPP Investment Board and the Ontario Teachers Pension Plan are also in the running.