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1. www.ctvnews.ca › business › indigo-bookstore-chainIndigo completes deal to go private | CTV News

   www.ctvnews.ca › business › indigo-bookstore-chain

   May 31, 2024 · Indigo bookstore chain completes Trilogy deal to take retailer private. Fiction titles stand on display at an Indigo store in Toronto, Oct. 26, 2023. THE CANADIAN PRESS/Chris Young. Indigo Books ...

2. ca.finance.yahoo.com › news › indigo-receives-finalIndigo Receives Final Court Approval for Arrangement with Trilogy

   ca.finance.yahoo.com › news › indigo-receives-final

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   May 30, 2024 · Indigo Books & Music Inc. (TSX: IDG) ("Indigo" or the "Company"), Canada's leading book and lifestyle retailer, is pleased to announce that the Company has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously-announced plan of arrangement in accordance with the Business Corporations Act (Ontario) (the "Arrangement"). Pursuant to the terms ...

   • Author: CNW Group

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4. www.cbc.ca › news › businessIndigo agrees to go private after sale to holding company ...

   www.cbc.ca › news › business

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   Apr 3, 2024 · Indigo did not say what caused Trilogy to boost its offer but noted the new price reflects a 69 per cent premium on the share price of $1.48 that Indigo had when Trilogy first made its bid.

5. www.newswire.ca › news-releases › indigo-agrees-toINDIGO AGREES TO BE TAKEN PRIVATE BY TRILOGY AT $2.50 PER SHARE

   www.newswire.ca › news-releases › indigo-agrees-to

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   Apr 3, 2024 · Share this article. Indigo enters into definitive agreement at increased offer price relative to initial proposal. Shareholders will receive $2.50 per share in cash, representing a premium of ...

6. halifax.citynews.ca › 2024/04/03 › indigo-agrees-toIndigo agrees to go private after sale to holding company

   halifax.citynews.ca › 2024/04/03 › indigo-agrees-to

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   Apr 3, 2024 · TORONTO — 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. The retailer says its agreement will see Trilogy Retail Holdings Inc. and Trilogy Investments L.P. pay $2.50 per share in cash for the stake in Indigo they do not already own.

7. ca.finance.yahoo.com › news › indigo-agrees-takenINDIGO AGREES TO BE TAKEN PRIVATE BY TRILOGY AT $2.50 PER SHARE

   ca.finance.yahoo.com › news › indigo-agrees-taken

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   Apr 3, 2024 · Indigo Books & Music Inc. (TSX: IDG) ("Indigo" or the "Company"), Canada's leading book and lifestyle retailer, announced today that, based on the unanimous recommendation of an independent committee of the board of directors of the Company (the "Special Committee"), it has entered into an arrangement agreement (the "Arrangement Agreement") with Trilogy Investments L.P. ("TILP") and Trilogy ...

8. People also ask

   What happened to indigo trilogy?

   • Trilogy originally offered $2.25 per share but raised its bid in April. Indigo has been working to turnaround its business since last year, when it experienced a succession of leadership and board changes and was hit with a cyberattack that downed its website for a lengthy period. This report by The Canadian Press was first published May 31, 2024.

   Indigo completes deal to go private | CTV News

   www.ctvnews.ca/business/indigo-bookstore-chain-completes-trilogy-deal-to-take-retailer-private-1.6909077

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   Will Indigo Books & Music be taken private?

   • (Evan Mitsui/CBC) 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. The retailer says its agreement will see Trilogy Retail Holdings Inc. and Trilogy Investments L.P. pay $2.50 per share in cash for the stake in Indigo they do not already own.

   Indigo agrees to go private after sale to holding company owned by

   www.cbc.ca/news/business/indigo-going-private-after-sale-to-holding-company-1.7162022

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   What happens to indigo's shares after a deal with trilogy?

   • As a result of the deal, Indigo's shares will be delisted from the Toronto Stock Exchange and the retailer will be relieved of its public reporting requirements. The completion of the deal comes days after shareholders voted to approve the $2.50 per share transaction. Trilogy originally offered $2.25 per share but raised its bid in April.

   Indigo completes deal to go private | CTV News

   www.ctvnews.ca/business/indigo-bookstore-chain-completes-trilogy-deal-to-take-retailer-private-1.6909077

   See all results for this question

   Who owns Indigo?

   • The retailer says its agreement will see Trilogy Retail Holdings Inc. and Trilogy Investments L.P. pay $2.50 per share in cash for the stake in Indigo they do not already own. The Trilogy companies, owned by Gerald Schwartz, the spouse of Indigo chief executive Heather Reisman, offered Indigo $2.25 per share in cash in February.

   Indigo agrees to go private after sale to holding company owned by

   www.cbc.ca/news/business/indigo-going-private-after-sale-to-holding-company-1.7162022

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   Should Indigo buy trilogy?

   • Indigo says an independent committee of its board of directors recently unanimously recommended the company accept Trilogy’s latest offer. If shareholders agree to the deal during a May vote, Indigo expects the transaction to close in June and its shares to be delisted from the Toronto Stock Exchange sometime after.

   Indigo agrees to go private after sale to holding company

   halifax.citynews.ca/2024/04/03/indigo-agrees-to-go-private-after-sale-to-holding-company/

   See all results for this question

   What caused indigo to boost its offer?

   • Indigo did not say what caused Trilogy to boost its offer but noted the new price reflects a 69 per cent premium on the share price of $1.48 that Indigo had when Trilogy first made its bid. Shares in the retailer, which announced the agreement after the close of trading, ended Tuesday down five cents at $2.01 on the Toronto Stock Exchange.

   Indigo agrees to go private after sale to holding company

   halifax.citynews.ca/2024/04/03/indigo-agrees-to-go-private-after-sale-to-holding-company/

   See all results for this question

9. www.ctvnews.ca › business › won-t-be-a-quick-fixIndigo news: Noticeable changes as bookstore preps to go ...

   www.ctvnews.ca › business › won-t-be-a-quick-fix

   Apr 19, 2024 · Trilogy is owned by Onex Corp. founder and chairman Gerald Schwartz who holds 56 per cent of Indigo’s shares and is the spouse of Indigo founder and CEO Heather Reisman, who holds almost five ...