D&E Communications, Inc. Enters Into Definitive Merger Agreement With Windstream Corporation

D&E Communications, Inc. (NasdaqGS:DECC - News) today announced that it has entered into a definitive merger agreement to be acquired by Windstream Corporation in a transaction valued at approximately $330 million.

Under the terms of the agreement, each share of common stock, par value $0.16 per share, of D&E, issued and outstanding immediately prior to the effective time of the merger, will be converted into and become exchangeable for (i) 0.650 shares of common stock of Windstream and (ii) $5.00 in cash. Based on the closing price of Windstream stock on May 8, 2009 of $9.05, the consideration to be received by D&E shareholders is valued at $10.88 per share.

Read more: D&E Communications Inc ( DECC )

FTS Selected as the Interconnect Billing Provider by Starcomms

Nigeria’s largest 3G CDMA Mobile Network Upgrades to FTS’ Leap Interconnect

Herzliya, Israel | March 17, 2009: FTS (LSE), a global provider of Billing, CRM and Business Control solutions for communications and content service providers, today announced that Starcomms Ltd., Nigeria’s largest 3G CDMA mobile network, has again selected FTS as its interconnect billing provider. Starcomms deployed FTS’ Leap™ Interconnect to support its rapidly growing subscriber base, and to ensure accounting accuracy of its growing interconnect revenues.

Read more: FTS ( FTS )

RIM Announces Approval of Settlement Agreement with OSC

Research In Motion Limited ("RIM" or the "Company") (NASDAQ: RIMM)(TSX: RIM) announced today that a panel of Commissioners of the Ontario Securities Commission (the "OSC") has approved a settlement agreement with RIM, Jim Balsillie, Mike Lazaridis, Dennis Kavelman, Angelo Loberto, Kendall Cork, Douglas Wright, James Estill and Douglas Fregin, relating to the previously disclosed investigation of RIM's historical stock option granting practices that followed the management-initiated, voluntary review commenced in 2006.

Pursuant to the terms of the settlement agreement with the OSC, which contains a statement of facts that has been agreed to by the parties only for the purposes of the OSC proceedings, RIM has agreed to submit to a review of its governance practices and procedures by an independent person selected by the OSC and paid for by RIM.

Read more: Research In Motion Limited ( RIM / RIMM )

Purchaser Responds to BCE's Demand for Termination Fee BCE Inc.

BCE Acquisition Inc. ("Purchaser") issued the following statement in response to today's demand by BCE Inc. (TSX, NYSE: BCE) that the Purchaser pay BCE a C$1.2 billion termination fee due to the failure of the privatization transaction to close.

"It is most unfortunate that BCE is threatening litigation over the failure of a mutual closing condition that the company insisted be included in the original acquisition agreement. It is very clear that neither party has a right to a termination fee in these circumstances. Should BCE commence such baseless litigation, we are confident that it would not succeed."

Read more: BCE Inc ( BCE )

TELUS brings Canadians the BlackBerry Storm smartphone

Research In Motion's revolutionary touch-screen smartphone now available

Starting today, TELUS is offering the BlackBerry Storm 9530 smartphone from Research In Motion (RIM) at select TELUS stores across Canada. To celebrate, TELUS customers who buy the BlackBerry Storm smartphone will receive the gift of music this holiday season with a limited-time offer of exclusive pre-loaded songs and music videos from some of Canada's hottest artists. The songs and videos will come on an eight gigabyte microSDHC memory card made possible through TELUS' collaboration with Arts & Crafts, one of Canada's most-respected independent music labels.

The memory card puts top Canadian artists such as Stars, Broken Social Scene, The Stills, Constantines, Kevin Drew, Jason Collett and Brendan Canning at Canadians' fingertips via the BlackBerry Storm smartphone's innovative touch-screen. Plus, the 8 GB memory card leaves users with plenty of extra storage space for their favourite multimedia files.

Read more: Telus Corp ( T )

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