Radio / Television News

Alliance Atlantis refuses The Score

TORONTO – Score Media now has 120 days to find a buyer after minority shareholder Alliance Atlantis turned down a chance to buy the company whose central asset is analog sports channel The Score. Score's primary shareholder Levfam Holdings, which is controlled by Score Media's CEO John Levy, put the company in play last month by offering its shares to Alliance Atlantis for $2.90 per. At the time, Score Media's shares were trading at $1.60. Today, its share price is off over 6% down to $1.92.The shares were offered to AA "pursuant to a Respective Rights Agreement made November 24,...