The details are sparse at the moment, but it looks like the transaction is expected to close in third quarter of this year.
According to Bell, "The Source will continue to operate independently from Bell following its acquisition and will maintain its well-known national brand, broad range of communications, computing and audio
products, and its seasoned management team to be led by Ron Cuthbertson, a respected 30-
year retail veteran and most recently President of The Source."
And in case you're wondering, no, that image above is NOT the new corporate logo.
Disclosure: Sync, as part of the Sympatico / MSN Tech & Gadgets channel is operated by Bell.