ZoomerMedia Limited News Releases

ZoomerMedia Limited Announces Closing of Plan of Arrangement

Mon, 16 Dec 2024 15:22:00 -0500

Toronto, Ontario--(Newsfile Corp. - December 16, 2024) - ZoomerMedia Limited (TSXV: ZUM) (the "Company" or "ZoomerMedia") is pleased to announce the closing of the previously announced plan of arrangement (the "Arrangement") pursuant to which 16431771 Canada Inc. (the "Purchaser"), a company owned by Northbridge Financial Corporation ("Northbridge"), an entity controlled by Fairfax Financial Holdings Limited, and Omri Tintpulver ("Tintpulver") acquired with an effective date of December 13, 2024...

ZoomerMedia Limited Announces Shareholder Approval of Going Private Transaction

Fri, 06 Dec 2024 11:38:00 -0500

Toronto, Ontario--(Newsfile Corp. - December 6, 2024) - ZoomerMedia Limited (TSXV: ZUM) (the "Company" or "ZoomerMedia") is pleased to announce that the shareholders of the Company (the "Shareholders") have approved the proposed plan of arrangement (the "Arrangement") involving 16431771 Canada Inc., Moses Znaimer, Olympus Management Limited, OZ Media Holdings Inc., and the Company at the special meeting of Shareholders (the "Meeting") held earlier today. The special resolution approving the...

ZoomerMedia Limited Announces Amended Shareholders' Meeting Date

Wed, 13 Nov 2024 17:30:00 -0500

Toronto, Ontario--(Newsfile Corp. - November 13, 2024) - ZoomerMedia Limited (TSXV: ZUM) (the "Company" or "ZoomerMedia") announced today that it has amended the date of its upcoming special shareholders meeting (the "Meeting") being held to consider the proposed arrangement (the "Arrangement") to take the Company private from November 29, 2024 to December 6, 2024. The Meeting will be held on December 6, 2024 at 9:00 a.m. (Toronto time) in a hybrid meeting format, in person at 70 Jefferson...

ZoomerMedia Limited Announces Mailing of Meeting Materials and Receipt of Interim Order in Respect of Going-Private Transaction

Mon, 11 Nov 2024 09:47:00 -0500

Toronto, Ontario--(Newsfile Corp. - November 11, 2024) - ZoomerMedia Limited (TSXV: ZUM) (the "Company" or "ZoomerMedia") is pleased to announce the receipt of an interim order from the Ontario Superior Court of Justice (Commercial List) in relation to the proposed plan of arrangement (the "Arrangement") and mailing of its notice of meeting, management information circular (the "Circular"), form of proxy and letter of transmittal (collectively, the "Meeting Materials") to the holders (the...

ZoomerMedia Limited Enters into Definitive Agreement for Going-Private Transaction

Fri, 11 Oct 2024 20:24:00 -0400

Toronto, Ontario--(Newsfile Corp. - October 11, 2024) - ZoomerMedia Limited (TSXV: ZUM) (the "Company" or "ZoomerMedia") today announced that Moses Znaimer ("Znaimer"), together with several other shareholders (the "Shareholder Group"), have entered into a definitive agreement with ZoomerMedia to privatize the Company.Based on the unanimous recommendation of an independent committee of the board of directors of the Company (the "Special Committee"), following an extensive review and analysis,...