Insiders Will Make a Fortune on Bell Sale

Bell Canada Inc. insiders stand to reap hundreds of millions of dollars in gains from their stock options and other long-term compensation in the proposed sale of the company to a group led by Ontario Teachers' Pension Plan for $42.75 per share. Information in company filings shows that, as of March 31, an unspecified number of Bell employees had 23 million stock options outstanding, with an average strike price of $33, the price employees can pay to buy stock during the life of the options.

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