Indigo bookstore chain completes Trilogy deal to take retailer private

Toronto Stock Exchange News

Indigo bookstore chain completes Trilogy deal to take retailer private
Outstanding SharesHeather ReismanGerald Schwartz
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

TORONTO — Indigo Books & Music Inc. says Trilogy Investments LP has acquired all of the retailer's outstanding shares.

TORONTO — Indigo Books & Music Inc. says Trilogy Investments LP has acquired all of the retailer's outstanding shares .

As a result of the deal, Indigo's shares will be delisted from the Toronto Stock Exchange and the retailer will be relieved of its public reporting requirements.Indigo has been working to turnaround its business since last year, when it experienced a succession of leadership and board changes and was hit with a cyberattack that downed its website for a lengthy period.

Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My Retirement Account

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Outstanding Shares Heather Reisman Gerald Schwartz The Canadian Press Retailer

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indigo Books & Music shareholders to vote on privatization saleIndigo Books & Music shareholders to vote on privatization saleIndigo Books & Music Inc. shareholders are expected to vote this morning on whether the retailer should accept a sweetened offer from a holding company that plans to take the bookstore chain private.
Read more »

Indigo Books & Music shareholders to vote on privatization saleIndigo Books & Music shareholders to vote on privatization saleIndigo Books & Music Inc. shareholders are expected to vote this morning on whether the retailer should accept a sweetened offer from a holding company that plans to take the bookstore chain private.
Read more »

Indigo Books & Music shareholders to vote on privatization saleIndigo Books & Music shareholders to vote on privatization saleIndigo Books & Music Inc. shareholders are expected to vote this morning on whether the retailer should accept a sweetened offer from a holding company that plans to take the bookstore chain private.
Read more »

Indigo Books & Music shareholders to vote on privatization saleIndigo Books & Music shareholders to vote on privatization saleThe $2.50-per-share offer comes from Trilogy Retail Holdings Inc. and Trilogy Investments L.P., which are owned by Gerald Schwartz, spouse of Indigo CEO Heather Reisman
Read more »

Indigo Books & Music shareholders vote to approve privatization saleIndigo Books & Music shareholders vote to approve privatization saleIndigo Books & Music Inc. shareholders have voted to approve a deal that will see the retailer become a private company. Shareholders voted Monday in favour of a $2.50 per share offer from Trilogy Retail Holdings Inc. and Trilogy Investments L.P.
Read more »

Indigo Books & Music shareholders vote to approve privatization saleIndigo Books & Music shareholders vote to approve privatization saleTORONTO — Indigo Books & Music Inc. shareholders have voted to approve a deal that will see the retailer become a private company.
Read more »



Render Time: 2025-02-15 04:23:14