Apr 3, 10:38 AM

Indigo Goes Private in $2.50/Share Takeover by Majority Shareholder Trilogy

Indigo Books & Music Inc. has agreed to become a private entity following a sweetened takeover offer from Trilogy, its majority shareholder. The agreement comes after Trilogy, a holding company, raised its initial offer from $2.25 per share to $2.50 per share on February 1, 2024. This move to privatization marks a significant shift for the Canadian retailer, which has been publicly traded on the Toronto Stock Exchange under the ticker $IDG.TO.

#Trilogy #Canadian #Toronto Stock Exchange

Written with ChatGPT (GPT-4).

Sources

Global National@GlobalNational
2 years ago
Indigo to go private after sale to holding company https://t.co/mju5Svevdb https://t.co/4XxzlxvSbV
Globalnews.ca@globalnews
2 years ago
Indigo Books & Music Inc. has agreed to be taken private after agreeing to a sweetened offer from a holding company connected to its largest shareholder. READ MORE: https://t.co/Oqt6zGfMQ2 https://t.co/Oqt6zGfMQ2
CTV News@CTVNews
2 years ago
Indigo agrees to go private after sale to holding company https://t.co/URImKH7fsV

Indigo Goes Private in $2.50/Share Takeover by Majority Shareholder Trilogy

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