ZoomerMedia Limited Announces Closing of Plan of Arrangement
Toronto, Ontario--(Newsfile Corp. - December 16, 2024) - ZoomerMedia Limited (TSXV: ZUM) (the "Company" or "ZoomerMedia") is pleased to announce the closing of the previously announced plan of arrangement (the "Arrangement") pursuant to which 16431771 Canada Inc. (the "Purchaser"), a company owned by Northbridge Financial Corporation ("Northbridge"), an entity controlled by Fairfax Financial Holdings Limited, and Omri Tintpulver ("Tintpulver") acquired with an effective date of December 13,...
2024-12-16 3:22 PM EST
ZoomerMedia Limited Announces Shareholder Approval of Going Private Transaction
Toronto, Ontario--(Newsfile Corp. - December 6, 2024) - ZoomerMedia Limited (TSXV: ZUM) (the "Company" or "ZoomerMedia") is pleased to announce that the shareholders of the Company (the "Shareholders") have approved the proposed plan of arrangement (the "Arrangement") involving 16431771 Canada Inc., Moses Znaimer, Olympus Management Limited, OZ Media Holdings Inc., and the Company at the special meeting of Shareholders (the "Meeting") held earlier today. The special resolution approving the...
2024-12-06 11:38 AM EST
ZoomerMedia Limited Announces Amended Shareholders' Meeting Date
Toronto, Ontario--(Newsfile Corp. - November 13, 2024) - ZoomerMedia Limited (TSXV: ZUM) (the "Company" or "ZoomerMedia") announced today that it has amended the date of its upcoming special shareholders meeting (the "Meeting") being held to consider the proposed arrangement (the "Arrangement") to take the Company private from November 29, 2024 to December 6, 2024. The Meeting will be held on December 6, 2024 at 9:00 a.m. (Toronto time) in a hybrid meeting format, in person at 70 Jefferson...
2024-11-13 5:30 PM EST
ZoomerMedia Limited Announces Mailing of Meeting Materials and Receipt of Interim Order in Respect of Going-Private Transaction
Toronto, Ontario--(Newsfile Corp. - November 11, 2024) - ZoomerMedia Limited (TSXV: ZUM) (the "Company" or "ZoomerMedia") is pleased to announce the receipt of an interim order from the Ontario Superior Court of Justice (Commercial List) in relation to the proposed plan of arrangement (the "Arrangement") and mailing of its notice of meeting, management information circular (the "Circular"), form of proxy and letter of transmittal (collectively, the "Meeting Materials") to the holders (the...
2024-11-11 9:47 AM EST
ZoomerMedia Limited Enters into Definitive Agreement for Going-Private Transaction
Toronto, Ontario--(Newsfile Corp. - October 11, 2024) - ZoomerMedia Limited (TSXV: ZUM) (the "Company" or "ZoomerMedia") today announced that Moses Znaimer ("Znaimer"), together with several other shareholders (the "Shareholder Group"), have entered into a definitive agreement with ZoomerMedia to privatize the Company.Based on the unanimous recommendation of an independent committee of the board of directors of the Company (the "Special Committee"), following an extensive review and analysis,...
2024-10-11 8:24 PM EDT
ZoomerMedia Announces Acquisition of Daily Hive
Toronto, Ontario--(Newsfile Corp. - September 12, 2022) - ZoomerMedia Limited (TSXV: ZUM) ("ZoomerMedia") announces that it has completed the acquisition, in trust, of all the shares of Buzz Connected Media Inc. ("Buzz"), owner and publisher of Daily Hive, the leading digital source for local news, culture, and what's happening in Western Canada. Daily Hive is the dominant player in Vancouver, Edmonton and Calgary, and also publishes local content in Toronto and Montreal. The new combination...
2022-09-12 9:33 PM EDT
ZoomerMedia Limited Announces Financial Results for the Year Ended August 31, 2020
Toronto, Ontario--(Newsfile Corp. - November 27, 2020) - ZoomerMedia Limited (TSXV: ZUM) (the "Company"), the leader in serving the interests of the 45+ "Zoomer" market in Canada, today announced its financial results for the year ended August 31, 2020.Consolidated ResultsFor the twelve months ended August 31, 2020 the Company generated revenues of $50.6 million, operating expenses of $40.2 million and Adjusted EBITDA of $10.4 million from its continuing operations. Net income for the same...
2020-11-27 9:50 PM EST