Q: Hi 5i Team, I Have two questions following today's significant deal between BCE and Rogers.
1- Market reaction was a bit negative on Rogers stock following the deal with BCE, What would be the trigger point to take a position in Rogers following that deal should Rogers stock keep falling.
2 Following that deal between these two giants, which company would you consider the best deal BCE or RCI.B at current levels?
Thx for your opinion.
Michel
1- Market reaction was a bit negative on Rogers stock following the deal with BCE, What would be the trigger point to take a position in Rogers following that deal should Rogers stock keep falling.
2 Following that deal between these two giants, which company would you consider the best deal BCE or RCI.B at current levels?
Thx for your opinion.
Michel
5i Research Answer:
Investors nearly always worry when a company makes a large acquisition. We think $52 would be a...