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Alliance Atlantis sale hits legal roadblock after trust seeks consent

CanWest Global's $1.95bn (C$2.3bn) purchase of Alliance Atlantis Communications hit a roadblock this morning. Unit holders of Movie Distribution Holding Trust filed court documents seeking a role in charting the destiny of Motion Picture Distribution (MPD), the releasing arm of AAC. MPD is an income fund: the trust controls 49% of MPD while Alliance controls the other 51%.

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