CanWest, Goldman buy Alliance Atlantis for $1.95 bn
CanWest Global Communications and New York-based investment bank Goldman Sachs completed their takeover of Alliance Atlantis Communications ( AAC ) yesterday. The final price for the Canadian broadcaster and film distributor was pegged at $1.95 bn (C$2.3 bn). The acquisition cements CanWest's position as the nation's largest media company. The prime asset, in CanWest's strategic vision, is 13 specialty channels worth an estimated $1.3 bn.
Continue reading – simply subscribe below
It takes just two minutes and you’ll immediately gain full access to ScreenDaily.com, PLUS Screen International monthly magazine delivered to your door.
Screen International Subscribers:
If you are a Screen International subscriber please sign in with your email address and click submit:
Not a Screen International subscriber?
Sign up today for immediate and complete access to screendaily.com and the monthly Screen International magazine for as little as £19 a month!
Find out more about all the benefits of a subscription to Screen International.