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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based diversified, integrated media and content company that develops and delivers brands and content across platforms. The Company operates in two segments: Television and Radio. The Television segment is comprised of over 33 television networks, approximately 15 conventional television stations, digital media assets, a social digital agency, a social media creator network, technology and media services, and content business, which includes the production and distribution of films and television programs, merchandise licensing, and book publishing. The Radio segment is comprised of around 39 radio stations situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of Southern Ontario. The Company's primary method of distribution is over-the-air, analogue radio transmission, with additional delivery platforms including HD radio, websites, mobile applications and podcasts.


TSX:CJR.B - Post by User

Bullboard Posts
Comment by radioguru22on Mar 04, 2016 4:02pm
146 Views
Post# 24624057

RE:This sums up why I think your objections are nonsense

RE:This sums up why I think your objections are nonsensenot sure who's objections you're calling nonsense but since you called me stupid, i'll assume it's me. NO ONE is doubting the 'synergies' this deal creates for Corus. But as someone who's offered up thought out opinions and not a line from ISS that everyone who wants the deal to go thru is gravitating to, you need to ask yourself if the concerns being raised are legitimate for shareholders and THEIR RETURN ON EQUITY or not. You, gibbons, have offered up ZERO to this discussion of value. I on the other hand am simply trying to offer up OBJECTIVE insight as a former shareholder and industry insider and someone who really was set on getting back in under $10 until the wheels fell off this. I can appreciate current shareholders don't wanna hear this. Do yourself a favour and actually read the many intelligent posts on here from others. Imo, the only 'strategic opportunities' this offers corus is more assets that are in decline which they WAAAY over paid for and now has a mountain of debt going forward. Huge debt in this economic environment with declining assets. They will still have zero pricing power on the combined assets knowing how the ad agencies play this game. Corus will slash and burn all assets...the only 'strategic opportunities' available to them...cost savings. Not only is there zero stock price appreciation in corus in the foreseeable future but they've now put the juicy dividend in play once this closes. Guess what'll happen to the share price if/when the divvy gets cut in HALF (or more)? Were I a current shareholder, I'd kill the deal and reopen discussions on buying the assets, however shaw added a little thing called a breakup fee to discourage this...
Bullboard Posts

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