Boyko increases holdings in Stingray Digital Group

MONTREAL - Stingray Digital Group president and CEO Eric Boyko has increased his holdings in the company that he co-founded.Boyko said in a news release Tuesday that Boyko Investments Corporation, a company that he wholly-owns, has acquired control over 500,000 multiple voting shares of Stingray, representing approximately 3.1% of the total multiple voting shares outstanding, approximately 1.0% of the total shares outstanding of Stingray and approximately 2.5% of the total voting rights outstanding of Stingray. Each multiple voting share confers the right to ten votes per share.The acquisition price of the purchased shares was $9.94 per share, for a total...