TITLE

Nelvana seals Cinar takeover

AUTHOR(S)
Vlessing, Eton
PUB. DATE
March 2004
SOURCE
Hollywood Reporter -- International Edition;3/16/2004, Vol. 383 Issue 2, p58
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
A consortium led by former executives of animation company Nelvana Ltd. Michael Hirsh and Toper Taylor have successfully closed their $144 million acquisition of rival Canadian animation producer Cinar Corp. After securing shareholder and regulatory approvals, Hirsh, Taylor and financial backers TD Capital Canadian Private Equity Partners and OMERS Merchant Banking Group have received $3.60 per share for Cinar's production arm, programming library and educational publishing businesses.
ACCESSION #
12789838

 

Related Articles

  • Consortium acquiring Cinar for $144 mil. Bennett, Ray; Pryor, Peter // Hollywood Reporter -- International Edition;11/4/2003, Vol. 381 Issue 7, p99 

    A consortium led by children's programming veterans Toper Taylor and Michael Hirsh is to acquire embattled kids TV and educational company Cinar Corp. for $143.9 million. Taylor and Hirsh, backed by TD Capital Canadian Private Equity Partners, signed an agreement Thursday to acquire Cinar's...

  • SHAREHOLDERS OK CINAR SALE TO HIRSH. Kelly, Brendan // Daily Variety;2/18/2004, Vol. 282 Issue 38, p6 

    Reports on the decision of the shareholders of the Montreal, Quebec-based animation production company Cinar to sell the company to an investor group led by Michael Hirsh. Financial scandals faced by Cinar; Comment of Cinar CEO Stuart Snyder regarding the deal.

  • Hirsh-led group closes in on Cinar. Kelly, Brendan // Daily Variety;1/13/2004, Vol. 282 Issue 11, p58 

    Reports on the approval of the Quebec Securities Commission to temporarily lift the ban on the sale of the shares of Cinar Corp. to an investor group consisting executives Michael Hirsh, Toper Taylor and TD Capital.

  • Nelvana's Taylor goes it alone. Brennan, Steve // Hollywood Reporter -- International Edition;1/7/2003, Vol. 376 Issue 39, p5 

    Reports that Veteran's children and family television executive Toper Taylor is exiting as president of the big Canadian animation house Nelvana Communications to form another company ToperTaylor.com. Specialization of the company formed by Taylor; Strengths of Nelvana in the United States;...

  • TAYLOR ADDS 2ND PREXY TITLE AT NELVANA. Whiteman, Bobbie // Daily Variety;5/21/2002, Vol. 275 Issue 58, p12 

    Reports on the appointment of Toper Taylor as president of international distribution, marketing and consumer products at Nelvana.

  • Cinar's sale closes: animator set for MIP. Kelly, Brendan // Daily Variety;3/16/2004, Vol. 282 Issue 57, p7 

    Reports on Montreal, Quebec-based animator Cinar Corp.'s sale to a group of investors led by Nelvana executives Michael Hirsh and Toper Taylor, TD Capital Canadian Private Equity Partners and the merchant banking group of the Ontario Municipal Employees Retirement System. Financial problems of...

  • `Spectacular' Growth Has Cinar Education Hungry For More.  // Educational Marketer;11/15/99, Vol. 30 Issue 33, p4 

    Reports that the education division at Cinar Corp. (Montreal) has its sights set on further growth through internal expansion and acquisitions of other companies and product lines.

  • Approved by Shareholders, $143.9M Cinar Sale Nears Completion.  // Educational Marketer;3/8/2004, Vol. 35 Issue 8, p3 

    Reports on the acquisition of Cinar Corp. (Montreal, Canada), a leading K-12 education and entertainment provider by a Canadian investor group.

  • HIRSH ANKLES POST AT AILING NELVANA. Kelly, Brendan // Daily Variety;10/24/2002, Vol. 277 Issue 14, p4 

    Reports on the resignation of Michael Hirsh as chief operating officer of Nelvana Ltd. in Montreal, Quebec Province. Amount of writedown of the company; Loss incurred by the parent company Corus Entertainment; Statement of Hirsh.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics