DHX Media sells $133M in shares

HALIFAX – Children's entertainment company and future Family Channel owner DHX Media has announced a $133 million secondary offering of 28,363,796 of its common shares.While DHX will not receive any of the net proceeds, it said that it believes that the offering will benefit all DHX shareholders through an increased public float and enhanced trading liquidity.Closing of the offering is currently expected to take place on January 9, 2014 and is subject to certain conditions including the receipt of all necessary approvals including the approval of the Toronto Stock Exchange and the securities regulatory authorities.www.dhxmedia.com