Wednesday, January 10, 2007

CanWest confirms exclusive talks on possible purchase of Alliance Atlantis

In response to media speculation, CanWest Global Communications Corp. (CanWest) today confirmed that it has entered into exclusive discussions regarding the possible purchase of Alliance Atlantis Communications Inc. (Alliance Atlantis).
CanWest in conjunction with private equity firm, Goldman Sachs Capital Partners, has entered into discussions with Alliance Atlantis and its controlling shareholder Southhill Strategy, which is owned by Alliance Atlantis's executive chairman Michael MacMillan and Seaton McLean. There can be no assurance that these discussions will result in a definitive agreement.


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