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1. 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 · Some of this work appears to be underway already, but how much further it will go depends on a May shareholder vote to decide whether to accept the offer of $2.50 per share in cash — up from $2. ...

2. globalnews.ca › news › 10527333Indigo to go private. What changes could the retailer make ...

   globalnews.ca › news › 10527333

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   May 27, 2024 · Revenues for the quarter that ended Dec. 30, 2023 were $370.6 million, down from $422.7 million during the same quarter in 2022. To turn things around, Indigo has been carrying out a ...

3. 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 ...

4. globalnews.ca › news › 10434665Indigo nears privatization but experts warn turnaround won’t ...

   globalnews.ca › news › 10434665

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   Apr 19, 2024 · As Indigo prepared for her departure last June, four of Indigo’s 10 directors left the board. Chika Stacy Oriuwa attributed her resignation to mistreatment and a “loss of confidence in board ...

5. www.sasktoday.ca › indigenous-news › indigo-agreesIndigo agrees to go private after sale to holding company

   www.sasktoday.ca › indigenous-news › indigo-agrees

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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. 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.

6. globalnews.ca › indigo-privatization-sale-voteIndigo set to go private after shareholders vote in favour of ...

   globalnews.ca › indigo-privatization-sale-vote

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   May 27, 2024 · Indigo Books & Music Inc. shareholders have voted to approve a deal that will see the retailer become a private company. The offer of $2.50 per share comes from Trilogy Retail Holdings Inc. and ...

7. People also ask

   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

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   When will Indigo Books & Music be delisted?

   • Indigo has said it expects the transaction to close in June and its shares to be delisted from the Toronto Stock Exchange sometime after. Indigo Books & Music Inc. shareholders voted on Monday morning to approve a deal that will see the retailer become a private company.

   Indigo set to go private after shareholders vote in favour of deal

   globalnews.ca/news/10526403/indigo-privatization-sale-vote/

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   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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   Who owns Indigo Books & Music?

   • THE CANADIAN PRESS/Chris Young Indigo Books & Music Inc. says Trilogy Investments LP has acquired all of the retailer's outstanding shares. The Toronto-based book purveyor says the share purchase marks the completion of its deal with the private holding company owned by Gerald Schwartz, the businessman spouse of Indigo founder Heather Reisman.

   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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   Is Indigo going private?

   • As Indigo nears a plan to take the struggling retailer private, experts warn there's a long road ahead for the iconic Canadian bookseller.

   Indigo nears privatization but experts warn turnaround won’t be ‘quick

   globalnews.ca/news/10434665/indigo-books-privitization-challenges/

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   Does Indigo have a book store in Toronto?

   • Fiction titles stand on display at an Indigo store in Toronto, Oct. 26, 2023. THE CANADIAN PRESS/Chris Young Indigo Books & Music Inc. says Trilogy Investments LP has acquired all of the retailer's outstanding shares.

   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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8. retail-insider.com › retail-insider › 2024Indigo Books & Music to Go Private After Sale to Schwartz ...

   retail-insider.com › retail-insider › 2024

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   Apr 3, 2024 · “The purchase price of $2.50 per share reflects a 69 per cent premium to Indigo’s closing price of $1.48 per share on the Toronto Stock Exchange (the “TSX”) on February 1, 2024, being the last trading day prior to the public announcement of the Initial Proposal, a 56 per cent premium to the 20 business day volume weighted average price for Indigo’s common shares on the TSX and an 11 ...