(Reuters) - TORONTO, April 3 - Bragg Communications Inc. launched a friendly all-cash takeover bid for Amtelecom Income Fund worth about C$91.2 million on Tuesday, trumping Bell Aliant Regional Communications Income Fund's hostile offer.
Privately-held Bragg Communications, which operates in Nova Scotia, Prince Edward Island and New Brunswick, is offering C$14.25 per Amtelecom unit, which surpasses Bell Aliant's offer of C$13.00 per unit.
Read more at Reuters.com Mergers News
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