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BCE investor sells 10.9 million shares, drops ownership to less than 5%
By Lisa Kerner
Charlotte, N.C., March 13 - The Ontario Teachers' Pension Plan Board cut its stake in BCE Inc. to 4.99% through the sale of 10,984,700 shares of the company's stock between Feb. 18 and March 12.
The shares were priced from C$24.16 to C$25.32 each, according to a schedule 13D/A filed on Friday with the Securities and Exchange Commission.
Ontario Teachers' beneficially owns 39,817,938 shares of the Montreal communications company.
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