A Special Committee Studies Media Acquisition's Offer.Business Editors MONTREAL--(BUSINESS WIRE)--Aug. 22, 2000 VIDEOTRON(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :VDO VDO Vereinigte DEUTA-Ota (Villingen, Germany; gauge manufacturer founded 1929) VDO Varus Derotation Osteotomy VDO Very Distant Object(s) VDO Voltage Drop-Out VDO Video Data Organization .) At its meeting today, the board of directors of Le Groupe Videotron ltee formed a committee made up of four directors to begin studying the offer submitted to Groupe Videotron shareholders by Media Acquisition Inc. The members of the committee are Frederick W. Benn, Germaine Gibara, Jacques Girard and J. Gilles Nolet. The committee will report to the board which will then mail its recommendation in a circular to shareholders, as soon as possible but no later than September 5, 2000. Media Acquisition mailed its formal offer to purchase all of the outstanding common shares of Groupe Videotron on Monday, August 21, 2000. The offer stipulates the terms, conditions and commitments governing gov·ern v. gov·erned, gov·ern·ing, gov·erns v.tr. 1. To make and administer the public policy and affairs of; exercise sovereign authority in. 2. Media Acquisition's bid to acquire all of Groupe Videotron's shares. Le Groupe Videotron ltee is an integrated communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. with subsidiaries in telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , cable television, Internet services, television production, broadcasting, e-commerce, and remote surveillance. The Company also owns the largest chain of video stores in Quebec. Groupe Videotron is a leader in the development of new technologies, thanks in part to its experience with the Videoway interactive TV system. The Company has some 5,700 employees. |
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