BCE bondholders: A Quebec appeals court threw a wrench into the $35 billion buyout of BCE, rejecting the deal and siding with BCE’s bondholders who said the deal was unfair to them. The Supreme Court of Canada might overturn the ruling, but at this point it seems unlikely the case will be heard before the buyout’s June 30 deadline. That has analysts predicting a settlement — most likely valued at more than $1 billion — with BCE bondholders.

Jamie Dimon: If the FT Alphaville’s report is correct and the J.P. Morgan Chase chief is negotiating directly with InBev about financing its bid for Anheuser-Busch, it would mark the latest example of how Dimon has become the go to man for deal making on Wall Street. Remember it was Dimon, who encouraged Mars to seek financing to acquire Wrigley last month.

Time Warner: Who ever said breaking up is hard to do? Time Warner detailed its planned spinoff of Time Warner Cable this week. Among the details: Time Warner will receive a $9.25 billion windfall from a special $10.27-a-share dividend to be paid by the cable company. Now that’s a nice parting gift, and one can only imagine what’s next.

BCE: The Bell Canada parent took a one-two punch this week. On Monday, it was reported that the banks financing the buyout wanted tougher financing terms. On Wednesday, as detailed above, a Quebec appeals court sided with its bondholders. BCE shares are down more than 12% this week.

August A. Busch IV: Granted, InBev hasn’t even made an offer for Anheuser-Busch yet. But if a bid does materialize, at the very least it increases the pressure on Busch, who has been in the corner office less than two years, to improve Anheuser-Busch’s sluggish performance. At the very most, it could mean the end of Anheuser-Busch’s independence.

BHP Billiton: The Big Australian’s bid for Rio Tinto keeps taking hits. This week’s hit? BHP’s offer is facing increased scrutiny from European regulators, fearful that the combination will increase price on a number of commodities. All of which has made investors even more skeptical that the deal will ever come to fruition.