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Dye & Durham Ltd said on Thursday a special committee of its board has appointed JPMorgan and Scotiabank as its financial advisers for a strategic review in response to a buyout offer worth about C$3.4 billion ($2.76 billion).
Enthusiast Gaming Launches Marketed Public Offering of Common Shares in the United States and Canada
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Enthusiast Gaming or the
Company ) (NASDAQ: EGLX) (TSX: EGLX), a media and content platform for video game and esports fans to connect and engage, today announced the launch of a proposed marketed public offering of common shares (
Common Shares ) in the United States and Canada. A total of 8,000,000 Common Shares will be offered by the Company (the
Offering ).
The Company intends to use the net proceeds of the Offering primarily to strengthen its financial position, inclusive of future acquisitions, working capital, repayment of indebtedness and other general corporate purposes.
HALIFAX, Nova Scotia, June 01, 2021 (GLOBE NEWSWIRE) A concerned shareholder (the “Concerned Shareholder”), who has the support of approximately 25% of the…
HEXO Corp. and Zenabis Global Inc. Announce Closing of Arrangement
HEXO Corp. (âHEXOâ) (TSX: HEXO; NYSE: HEXO) and Zenabis Global Inc. (âZenabisâ) (TSX: ZENA) are pleased to announce that they have completed the previously announced arrangement (the âArrangementâ), pursuant to which HEXO has acquired all of the issued and outstanding common shares of Zenabis (âZenabis Sharesâ) by way of a plan of arrangement under the Business Corporations Act (British Columbia).
âToday is another great day for HEXO,â said HEXO CEO and co-founder Sebastien St-Louis. âWith the acquisition of Zenabis, we are actively positioning HEXO for future expansion in Canada, Europe and beyond. This deal will strengthen our domestic brands, offer a foothold in Europe and provide significant accretive synergies as we continue towards our goal of becoming EPS positive and a top-three global cannabis products company.â