10:34 AM EST - Bell Aliant Regional Communications Income Fund : said on Friday it plans to launch a all-cash takeover bid for Amtelecom Income Fund for $119 million, including debt. The $13.00 per unit offer represents a 15.6 percent premium over Amtelecom's closing price of $11.25 on the Toronto Stock Exchange on Thursday. Bell Aliant Regional Communications Income Fund
units T.BA.UN are trading up 14 cents at $29.22.
