BCE Inc.'s share price took a hit on Monday after the company announced it has signed a deal to buy U.S. fibre internet provider Ziply Fiber for about $5 billion in cash.

MONTREAL — BCE Inc. says it has signed a deal to buy U.S. fibre internet provider Ziply Fiber for about $5 billion in cash. In addition to the purchase price, BCE will assume about $2 billion in net debt as part of the transaction. The company said Monday the deal will extend Bell’s fibre footprint […]

BCE Inc.'s share price took a hit in midday trading on Monday after the company announced it has signed a deal to buy U.S. fibre internet provider Ziply Fiber for about $5 billion in cash.