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Globe Investor Astral deal denied, CEO George Cope talks to The Globe about BCE's plans

BCE President and CEO George Cope.

MATHIEU BELANGER/REUTERS


Canada's broadcast regulator has killed BCE Inc.'s $3-billion takeover of Astral Media, saying it was choosing consumer interests over corporate ones.

The move is also creating political reverberations as BCE executives issued a scathing statement late Thursday evening, demanding that cabinet step in and force the CRTC to overturn its decision.

On Friday morning a Harper government spokesman said the federal cabinet will not consider overturning the broadcast regulator's rejection of the BCE Inc. takeover of Astral Media Inc.

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BCE CEO George Cope came to The Globe and Mail on Friday to talk to Globe and Mail reporters about the news.

Media reporter Steve Ladurantaye tweeted from the meeting.

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