Cable / Telecom News

T. Boyd Craig increases ownership interest in CWS

RANCHO MIRAGE, CA - T. Boyd Craig has increased his ownership interest in Craig Wireless Systems (CWS) with the acquisition of approximately 1.0M subordinate voting shares.The shares represent approximately 2.18% of the issued and outstanding subordinate voting shares of the company, and were acquired as partial payment of accrued interest on a loan made by Boyd Craig and J. Drew Craig in July 2008, and directly through the facilities of the Toronto Stock Exchange.Boyd Craig, together with his brothers J. Drew Craig and S. Miles Craig, also have shared control over 30.2 million subordinate voting shares held by Manalta Investment Company,...