Greenbacks flow to B.C. tech sector

Article Abstract:

Vancouver, BC-based Lions Gate Entertainment Corp. has sold a $33.2 million stake in its film production operations to Paul Allen, a co-founder of Microsoft Corp. British Columbia's businesses are receiving heavy investment from companies capitalizing on its growing high tech sector.

Venture Capital Companies, Miscellaneous Intermediation, Investors, not elsewhere classified, High technology, Lions Gate Entertainment Corp.

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Donovans get backing for their creativity (Michael Donovan and Paul Donovan, founders of Salter Street Films Ltd., now have financing)

Article Abstract:

The founders of Salter Street Films Ltd., Michael Donovan and Paul Donovan, now have the financing and flowering of creativity that acquisition of Salter Street Films by Toronto-based television and entertainment giant Alliance Atlantis Communications Inc., affords them.

MOTION PICTURES, Use of Funds, Motion picture industry, Movie industry, Salter Street Films Ltd., Alliance Atlantis Communications Inc., Donovan, Michael, Donovan, Paul

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Grassroots resistance greets Surrey Metro deal

Article Abstract:

Canada Trust Co's bid to acquire Surrey Metro Savings Credit Union for $131 million has meet strong oppostion from the client-members of Surrey. The C$24-per-share offer was a 60% premium above the prebid price of Surrey Metro shares. The opposing group said that a takeover by a bank- like financial institution would take the control of the credit union out of the client-members' hands.

Trust Companies, Trust, Fiduciary, and Custody Activities, Credit Unions, Surrey Metro Savings Credit Union

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