Shares of BCE Inc. (BCE) suffered their biggest downdraft in at least a quarter century yesterday (Thursday), after an unexpected court ruling threatened to derail a $53.9 billion leveraged buyout (LBO). A collapse would make it the biggest LBO ever to fail. Indeed, BCE would top the list of 62 LBOs - with a combined value of $174 billion - that were announced last year and then later abandoned as borrowing costs more than tripled, Bloomberg News reported. BCE had expected to complete the buyout by next month. The shares of the No. 1 Canadian telephone company plunged as much as 16% yesterday -… SHARETHIS.addEntry({ title: "Shares of Canada’s BCE Plunge After Investors Learn Proposed LBO is in Jeopardy", url: "http://jutiagroup.com/2008/05/23/shares-of-canada%e2%80%99s-bce-plunge-after-investors-learn-proposed-lbo-is-in-jeopardy/" });