Radio / Television News

Corus to do a two-for-one


TORONTO - Corus Entertainment announced today that it plans to implement a two-for-one stock split for its issued and outstanding class A participating shares and class B non-voting participating shares. The stock split, which has been approved by Corus' board of directors, must be approved by shareholders at a special meeting of Corus' shareholders scheduled to be held in Calgary, Alberta on January 9, 2008 and is subject to regulatory approval and the filing of articles of amendment. Following approval by shareholders, the effective date of the stock split is expected to be February 1, 2008. There were 1,722,929 Class...