Irwin toys - TSE: IWT DragonballZ Message Board

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Gold/Mining/Energy : Irwin toys - TSE: IWT DragonballZ

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To: Jack Hartmann who wrote (89)	4/23/2001 11:15:23 PM
From: rowrowrow	Read Replies (1) of 91

Guess we're putting this one to bed Jack. Nice having a little chat board with you though! Wednesday April 4, 5:07 pm Eastern Time Press Release SOURCE: Livgroup Investments Ltd.; Irwin Toy Limited Livgroup Investments Ltd. successful in bid for Irwin Toy Limited TORONTO, April 4 /CNW/ - Livgroup Investments Ltd. announced today that it has acquired approximately 94% of the outstanding shares of Irwin Toy Limited (TSE: IWT - news, IWT.A - news). On March 13, 2001, Livgroup's affiliate, IT Acquisition Ltd., made an offer for the Irwin shares. Over five million Irwin shares were tendered to the offer -- approximately 2.7 million non-voting shares, and approximately 2.3 million voting shares. The purchase price under the bid was $6.25 per share, for a total acquisition cost of approximately $31.5 million. Livgroup and IT Acquisition Ltd. will now proceed to take the necessary steps under applicable law to acquire the remaining shares of Irwin Toy.

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