Alliance Atlantis buyer switches to bridge financing

Newswire

NEW YORK, July 31 (Reuters) - The buyer of Alliance Atlantis Communications will use bridge financing instead of a high-yield debt offering for the planned C$2.3 billion takeover of the specialty-TV group, Alliance said on Monday. Canada's biggest media company CanWest Global Communications Corp. and a private-equity affiliate of Goldman Sachs have agreed to buy the co-producer of the hit "CSI: Crime Scene Investigation" TV show for C$53 per share. Alliance said the entity that is ...

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