Corus completes recapitalization transaction, announces new board of directors
World2 sources1 country🔦 Under-reported39m ago
Corus Entertainment Inc. has officially completed a recapitalization transaction that was initially announced in November of the previous year. Alongside the completion of the transaction, the company has appointed a new board of directors.
The newly finalized financial restructuring successfully reduces the company's overall debt burden. Despite the major financial overhaul, Corus Entertainment continues to trade publicly.
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Global News (CA) (CA)Highlights debt reduction and ongoing public stock trading status.
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