From the “Wow! That’s a surprise!” department of irony
It’s official. CanWest’s $2.3-billion takeover of Alliance Atlantis was officially approved by the CRTC. The takeover — first announced in January — was controversial from the start, because of the substantial financial involvement of Wall Street’s Goldman Sachs in the deal. Under the terms, Goldman Sachs would get a third of the voting shares, but almost two-thirds of the equity in CanWest Investments, a CanWest subsidiary that will acquire the Alliance Atlantis assets. More from cbc.ca
|
Email This Post |
| Asides, The Media Landscape |
Discussion Area - Leave a Comment