Indigo Books & Music (TSE:IDG) has released an update.
Indigo Books & Music Inc., Canada’s leading book and lifestyle retailer, has received court approval for a buyout by Trilogy Investments L.P., which will acquire all remaining shares for $2.50 each. This deal, approved by a dominant majority of Indigo’s shareholders, is slated for completion by May 31, 2024, which will result in Indigo’s delisting from the TSX and termination of its public reporting requirements.
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