Shaw family invests $7.5 million more in Corus

CALGARY - Corus Entertainment announced today it’s been advised that the Shaw family, and entities owned or controlled by them, completed the purchase of an additional 250,000 Class B non-voting shares of the company during the week of April 29, 2005. At the close of trading on April 29, Corus shares traded at $30.19 on the Toronto Stock Exchange, placing the value of the investment at around $7.5 million. The Shaw family is the radio and specialty service broadcasting company’s controlling shareholder. The Shaw family, and entities owned or controlled by them, now holds 2,897,150 shares of Corus. The Shaw...