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Indigo Books & Music Inc T.IDG

Indigo Books & Music Inc. is a Canada-based book and lifestyle retailer. The Company is engaged in offering an assortment of books, gifts, home, wellness, fashion, paper, baby, and kid’s products. The Company operates retail stores in all ten provinces and one territory in Canada, and also has retail operations in the United States through a wholly owned subsidiary, operating one retail store in Short Hills, New Jersey. The retail network includes 87 superstores under the Indigo and Chapters names, as well as 84 small format stores under the banners Coles and Indigospirit. The Company also offers a marketplace assortment of giftable products, experiences, services, and subscriptions on www.thoughtfull.co. Its Retail operations are integrated with the Company’s digital channels, including the www.indigo.ca Website and the mobile applications, which are extensions of the physical stores and offer customers an expanded assortment of book titles.


TSX:IDG - Post by User

Comment by mingzhuon Jun 21, 2020 12:41pm
89 Views
Post# 31174405

RE:RE:RE:CEO and her husband own 75.6% of Indigo

RE:RE:RE:CEO and her husband own 75.6% of Indigoeven they control 75.6 shares, they cannot take it private without at least 30% of 24.6 retail investors aggreeing to it, like you and me, according to regulation. So the takeover price must have some premium. this is right of minority. If other company likes to take it over, that is another matter. in that case, they want the price as high as possible .
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