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Corus Entertainment Overpaying For Shaw Media, Says Private Equity Firm

by huffingtonpost.ca posted 2years ago 5784 views
Catalyst Capital Group Inc. is calling on Corus Entertainment Inc. (TSX:CJR.B) to renegotiate its $2.65-billion deal for Shaw Media Inc., arguing that it is overpaying for the assets. The private equity firm, a minority shareholder in Corus, wants a March 9 vote on the deal to be postponed to allow more time for a review.