Moses Znaimer leads ZoomerMedia go-private transaction

By Connie Thiessen ZoomerMedia has announced that founder Moses Znaimer, together with several other shareholders, have entered into a definitive agreement to privatize the company. Founded by Znaimer in 2008, ZoomerMedia currently operates five TV channels, three radio stations, two print and 21 digital properties, from its 2.6-acre complex in Toronto’s Liberty Village. In an announcement on Friday, the company said based on the unanimous recommendation of an independent committee of its board of directors, ZoomerMedia has entered into a definitive agreement with members of the shareholder group to acquire all issued and outstanding common shares they don’t currently own....