TORONTO and MONTREAL - Look Communications received court approval to begin selling its assets. The Ontario Superior Court of Justice also appointed Grant Thornton Ltd. to act as Monitor during the process. "Last week, our shareholders overwhelmingly supported our approach to maximizing value and today we received the Court's approval," said Look’s vice chairman and CEO Gerald McGoey, in the press release. "This is a very fast moving process and we look forward to the Monitor actively canvassing the market for interest in advance of the February 16 deadline for receiving sealed bids. We believe the company's assets will play a...
