Stronach gives his empire a shakeup: Racetrack unit being taken private in bid for cash to redevelop key U.S. tracks
Article Abstract:
Frank Stronach offered $285.8 million (U.S.) bid by his MI Developments Inc. to buy out minority shareholders in Magna Entertainment Corp. The move was meant to help the racetrack operator raise money to redevelop key U.S. tracks.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
Financial management, Facilities & equipment, AMUSEMENT & RECREATION SERVICES, Finance, Buildings and facilities, Entertainment industry, Company financing, Racetracks (Automobile racing), Magna Entertainment Corp., Racetracks (Automotive racing)
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
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Magna extends global reach with purchase of Porsche unit
Article Abstract:
The details on Magna International Inc.'s acquisition of Porsche AG's CTS Fahrzeug-Dachsysteme GmbH, for $232 million, are presented.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2005
Motor vehicles and car bodies, Germany, Motor vehicle parts and accessories, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Automobile equipment and supplies industry, Automotive parts industry, Automobile industry, Magna International Inc., Porsche AG, Subsidiaries, divisions and units
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2005
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Subjects list: Canada, Mergers, acquisitions and divestments, Company acquisition/merger
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