Radio / Television News

All that’s left now is the Regulator

WINNIPEG and TORONTO - CanWest Global Communications and Goldman Sachs Capital Partners announced late Wednesday that they have completed the purchase of all of the outstanding shares of Alliance Atlantis Communications for $53 in cash per share. Specifically, AA Acquisition Corp., a subsidiary of CanWest, has completed the acquisition. "Concurrently with the completion of the acquisition, Alliance Atlantis' broadcasting, entertainment and motion picture distribution businesses were reorganized and split into separate groups that will each be operated on a stand-alone basis, with certain other assets of Alliance Atlantis to be held separately," details the release. The broadcasting businesses are held in...