Page 85 - தோழர் கடன் வழங்குநர்கள் ஏற்பாடு நாடகம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Green Growth Brands Provides CCAA and Other Updates
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Court hears allegations of tax fraud linked to Quest University charities
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Canopy Rivers or the
Company ) (TSX: RIV) (OTC: CNPOF) today provided an update on its 49%-owned joint venture, PharmHouse Inc. (
PharmHouse ).
On October 29, 2020, PharmHouse received a court order from the Ontario Superior Court of Justice (the
Court ) to initiate a sale and investment solicitation process (
SISP ) to identify interest in, and opportunities for, a sale of, or investment in, all or part of PharmHouse s assets or business. This may include a restructuring, recapitalization, or other form of reorganization of PharmHouse s business and affairs. Phase one of the SISP concluded on November 30, 2020, and a number of non-binding offers were received. PharmHouse, with the assistance of the monitor and the SISP advisor, have selected a number of parties to bring forward to the next phase of the SISP, and binding offers for phase two of the SISP are due on or about February 16, 2021.
Clothing retailer Le Chateau obtains CCAA protection, plans to close its doors
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Share:
Gross profit of $10.8 million
Adjusted EBITDA of $3.3 million
Cash of $21.9 million at quarter-end
Restructuring activities ongoing and Court order extended until March 19, 2021
MONTREAL, Dec. 15, 2020 (GLOBE NEWSWIRE) DAVIDsTEA Inc. (NASDAQ:DTEA) ( DAVIDsTEA or the Company ), a leading tea merchant in North America, announces its third quarter results for the period ended October 31, 2020. DAVIDsTEA also announces the appointment of Sarah Segal as Chief Executive Officer (CEO), in addition to her position as Chief Brand Officer, and Frank Zitella as President, in addition to his position as Chief Operating Officer and Chief Financial Officer (CFO). Herschel Segal will be stepping down as interim CEO and will remain Chairman of the Board of Directors. Frank Zitella will remain CFO pending the appointment of a new CFO. The appointments of Sarah Segal and Frank Zitella will be effective December 16, 2020.