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CanWest, Alliance Arrangement Completed
Thursday August 16th 2007TORONTO, Alliance Atlantis Communications Inc. announced that the previously announced Plan of Arrangement has been completed and all of Alliance Atlantis’s outstanding shares have been acquired by AA Acquisition Corp., a subsidiary of CanWest Media Works Inc. Under the terms of the Plan of Arrangement, the Company’s shareholders will receive CDN$53.00 in cash for each Alliance Atlantis share.
In addition, Movie Distribution Income Fund (the "Fund") and Edgestone Capital Partners ("Edgestone") announced today that the previously announced definitive agreement to acquire the Fund’s 49% interest in Motion Picture Distribution LP has been completed.
"This is an historic milestone in the incredible journey that our Company has experienced over the past three decades," said Michael MacMillan, Executive Chairman of Alliance Atlantis. "On behalf of the Board of Directors, I want to thank our shareholders, customers, employees, partners and advertisers for their support over the years and I know that the new owners share our commitment to build on the legacy of Alliance Atlantis."
Alliance Atlantis shareholders who hold their shares through a broker or other financial intermediary will receive payment of the purchase price for their shares following the deposit by the broker or financial intermediary of share certificates with Computershare Investor Services Inc., the Depositary for the Plan of Arrangement.
Shareholders who hold their Alliance Atlantis shares in registered form will receive payment of the purchase price following the deposit of their Alliance Atlantis share certificates with the Depositary in accordance with the instructions contained in the Letter of Transmittal previously sent to registered shareholders. Any questions regarding payment of the purchase price, including any request for an additional copy of the Letter of Transmittal, should be directed to the Depositary via telephone at 1-800-564-6253 (toll free in North America) or 514-982-7139 or via email at corporateactions@computershare.com.
With the completion of the Plan of Arrangement, Alliance Atlantis’s Class A Voting and Class B Non-Voting shares will cease to be listed for trading on the Toronto Stock Exchange.
Headline, Industry News
CanWest, Alliance Arrangement Completed
Thursday August 16th 2007TORONTO, Alliance Atlantis Communications Inc. announced that the previously announced Plan of Arrangement has been completed and all of Alliance Atlantis’s outstanding shares have been acquired by AA Acquisition Corp., a subsidiary of CanWest Media Works Inc. Under the terms of the Plan of Arrangement, the Company’s shareholders will receive CDN$53.00 in cash for each Alliance Atlantis share.
In addition, Movie Distribution Income Fund (the "Fund") and Edgestone Capital Partners ("Edgestone") announced today that the previously announced definitive agreement to acquire the Fund’s 49% interest in Motion Picture Distribution LP has been completed.
"This is an historic milestone in the incredible journey that our Company has experienced over the past three decades," said Michael MacMillan, Executive Chairman of Alliance Atlantis. "On behalf of the Board of Directors, I want to thank our shareholders, customers, employees, partners and advertisers for their support over the years and I know that the new owners share our commitment to build on the legacy of Alliance Atlantis."
Alliance Atlantis shareholders who hold their shares through a broker or other financial intermediary will receive payment of the purchase price for their shares following the deposit by the broker or financial intermediary of share certificates with Computershare Investor Services Inc., the Depositary for the Plan of Arrangement.
Shareholders who hold their Alliance Atlantis shares in registered form will receive payment of the purchase price following the deposit of their Alliance Atlantis share certificates with the Depositary in accordance with the instructions contained in the Letter of Transmittal previously sent to registered shareholders. Any questions regarding payment of the purchase price, including any request for an additional copy of the Letter of Transmittal, should be directed to the Depositary via telephone at 1-800-564-6253 (toll free in North America) or 514-982-7139 or via email at corporateactions@computershare.com.
With the completion of the Plan of Arrangement, Alliance Atlantis’s Class A Voting and Class B Non-Voting shares will cease to be listed for trading on the Toronto Stock Exchange.
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Headline, Industry News
CanWest, Alliance Arrangement Completed
Thursday August 16th 2007TORONTO, Alliance Atlantis Communications Inc. announced that the previously announced Plan of Arrangement has been completed and all of Alliance Atlantis’s outstanding shares have been acquired by AA Acquisition Corp., a subsidiary of CanWest Media Works Inc. Under the terms of the Plan of Arrangement, the Company’s shareholders will receive CDN$53.00 in cash for each Alliance Atlantis share.
In addition, Movie Distribution Income Fund (the "Fund") and Edgestone Capital Partners ("Edgestone") announced today that the previously announced definitive agreement to acquire the Fund’s 49% interest in Motion Picture Distribution LP has been completed.
"This is an historic milestone in the incredible journey that our Company has experienced over the past three decades," said Michael MacMillan, Executive Chairman of Alliance Atlantis. "On behalf of the Board of Directors, I want to thank our shareholders, customers, employees, partners and advertisers for their support over the years and I know that the new owners share our commitment to build on the legacy of Alliance Atlantis."
Alliance Atlantis shareholders who hold their shares through a broker or other financial intermediary will receive payment of the purchase price for their shares following the deposit by the broker or financial intermediary of share certificates with Computershare Investor Services Inc., the Depositary for the Plan of Arrangement.
Shareholders who hold their Alliance Atlantis shares in registered form will receive payment of the purchase price following the deposit of their Alliance Atlantis share certificates with the Depositary in accordance with the instructions contained in the Letter of Transmittal previously sent to registered shareholders. Any questions regarding payment of the purchase price, including any request for an additional copy of the Letter of Transmittal, should be directed to the Depositary via telephone at 1-800-564-6253 (toll free in North America) or 514-982-7139 or via email at corporateactions@computershare.com.
With the completion of the Plan of Arrangement, Alliance Atlantis’s Class A Voting and Class B Non-Voting shares will cease to be listed for trading on the Toronto Stock Exchange.
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