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Indigo agrees to Trilogy takeover - Quill and Quire

In a statement released on April 2, the company said it has entered into an agreement with Trilogy based on the unanimous recommendations of a special committee the board established to consider the proposal.

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Indigo reports 70 per cent drop in quarterly profit as it borrows more money from controlling shareholder

Retailer continues to struggle after weak sales during the crucial holiday shopping season

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Indigo receives offer to go private - Quill and Quire

Indigo announced on Feb. 1 that Trilogy Retail Holdings Inc. and Trilogy Investments I.P. had made a non-binding offer to acquire all of the Indigo shares not already owned or controlled by Trilogy for $2.25 cash per share.

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Offer for Indigo 'wholly inadequate', says analyst

David McFadgen of Cormark Securities Inc. recommended Indigo shareholders should reject the offer

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Indigo's controlling shareholder plans to take the company private

If the transaction were to proceed, Indigo’s shares would no longer trade on the Toronto Stock Exchange and the company would not be subject to filing public earnings reports

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