Corus Entertainment Acquires Metromedia

Corus Entertainment Inc. completed its acquisition of the remaining 70.1 per cent interest in Montreal media broadcaster Metromedia for approximately $125 million on February 28, 2001. Corus previously acquired 29.9 per cent of Metromedia in August 2000 for approximately $40 million. This acquisition makes Corus one of Quebec’s leading broadcasters, with ownership of 12 radio stations in that province.

Davies Ward Phillips & Vineberg LLP acted for Corus with a team that included Warren Katz (corporate), Philippe Rousseau (corporate) and Brian Facey (competition). Metromedia was represented by McCarthy Tétrault with a team that included Thomas (Tam) Davis (corporate), Raphaëlle Lapierre (corporate) and Claude Desaulniers (tax).

Lawyer(s)

Claude P. Desaulniers Raphaëlle Lapierre Brian A. Facey Warren M. Katz Thomas R.M. (Tam) Davis

Firm(s)

Osler, Hoskin & Harcourt LLP Davies Ward Phillips & Vineberg LLP McCarthy Tétrault LLP