Leitch set for acquisition trail with $52.8M share issue

Guest Contributor
June 30, 2000

Leitch Technology Corp is seeking to raise $52.8 million for acquisitions and general corporate purposes. The Toronto-based developer and manufacturer of digital audio and video equipment will issue two million common shares to underwriters led by BMO Nesbitt Burns Inc and Yorkton Securities, with a closing slated for July 7. Recent declines in the price of high-tech share issues is likely a prime motivation for Leitch's move to raise capital at this time. The firm develops products for the broadcast, telecommunications, post-production, Internet and business-to-business sectors....


Other News






Events For Leaders in
Science, Tech, Innovation, and Policy


Discuss and learn from those in the know at our virtual and in-person events.



See Upcoming Events










You have 1 free article remaining.
Don't miss out - start your free trial today.

Start your FREE trial    Already a member? Log in






Top

By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively in accordance with our Privacy Policy and Terms of Service.