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Investment Canada approves Great Canadian Gaming's purchase by U.S. fund | iNFOnews


Investment Canada approves Great Canadian Gaming s purchase by U.S. fund
A dealer slides chips across the blackjack table on Friday, March 16, 2012, in Bangor, Maine. THE CANADIAN PRESS/AP-Robert F. Bukaty
April 05, 2021 - 7:09 AM
TORONTO - Great Canadian Gaming Corp. s proposed acquisition by a fund affiliated with Apollo Global Management Inc. moved a step closer to completion following approval by Investment Canada.
The U.S. buyer received approval under the Investment Canada Act for the investment fund s $45 per share takeover offer.
That follows approvals in December from the Supreme Court of British Columbia and securityholders, as well as clearance under the Competition Act. ....

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