Minute Muffler & Brake Acquires SMK Speedy

On January 7, 2004, SMK Speedy International Inc. completed a plan of arrangement whereby 578098 Alberta Ltd., operating as Minute Muffler & Brake, acquired all the issued and outstanding common shares of SMK for approximately $85 million in a combination of cash and promissory notes.

Minute was represented by Wildeboer Rand Thomson Apps & Dellelce, LLP, with a team that included Robert Wortzman (securities), Susan Thomson (tax), Rob Fonn (securities) and David Fedy (real estate). SMK was represented by Cassels Brock & Blackwell LLP, with a team that included Peter Dunne, Patrick Gleeson and Jeffrey Roy (securities), Bruce Bell (financial services), Chris Norton (tax) and Robert Cohen (commercial litigation).


Jeffrey P. Roy Bruce C. Bell Robert B. Cohen Robert D. Wortzman Christopher B. Norton Peter A. Dunne Susan J. Thomson Robert Fonn Matthew B. Lerner