Indigo Books & Music (TSE:IDG) has released an update.
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Indigo Books & Music Inc., Canada’s leading book and lifestyle retailer, has received court approval for a buyout by Trilogy Investments L.P., which will acquire all remaining shares for $2.50 each. This deal, approved by a dominant majority of Indigo’s shareholders, is slated for completion by May 31, 2024, which will result in Indigo’s delisting from the TSX and termination of its public reporting requirements.
For further insights into TSE:IDG stock, check out TipRanks’ Stock Analysis page.
