RPT-BCE shares jump 12 percent on funding news

Fri Jul 4, 2008 10:45am EDT
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(Repeats without change)

TORONTO, July 4 (Reuters) - Shares of BCE Inc (BCE.TO: Quote) jumped 12 percent on Friday after news that buyers were sticking with the agreed C$42.75 per-share purchase price for the buyout of the telecommunications company.

Shares of BCE, which halted after the news, rose 12.4 percent to C$39.50 on the S&P/TSX composite index <.GSPTSE. ($1=$1.02 Canadian) (Reporting by Jennifer Kwan; editing by Janet Guttsman)