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BBTV acquires all convertibles due 2026 as part of going-private transaction
By Wendy Van Sickle
Columbus, Ohio, Jan. 10 – BBTV Holdings Inc. acquired all of the issued and outstanding publicly traded unsecured convertible debentures of the company due June 15, 2026 that were listed on the Toronto Stock Exchange at a price of C$100 per C$1,000 principal amount as part of its going-private transaction by way of a statutory plan of arrangement, according to a news release.
All accrued interest on the convertibles has been forgiven, settled and extinguished for no consideration.
BBTV is a media and technology company with headquarters in Vancouver, B.C.
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