ALLIANCE ATLANTIS Principals Increase Stake.TORONTO--(BUSINESS WIRE)--Oct. 6, 1999-- (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AACB AACB Australasian Association of Clinical Biochemists AACB Alliance Atlantis Communications Inc. AACB Aeronautics and Astronautics Coordinating Board AACB Aeronautics & Astronautics Coordinating Board AACB Ann Arbor Concert Band (Ann Arbor, MI) ) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :AAC (Advanced Audio Coding) An audio compression technology that is part of the MPEG-2 and MPEG-4 standards. AAC, especially MPEG-4 AAC, provides greater compression and better sound quality than MP3, which also came out of the MPEG standard. .A.) (ME:AAC.A.) (TSE:AAC.B.) (ME:AAC.B.) ALLIANCE ATLANTIS COMMUNICATIONS INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . today announced that it had been advised by Stampco Holdings Inc., a private company wholly-owned by Messrs. Michael MacMillan, Seaton McLean, Edward Riley and Peter Sussman (the "ALLIANCE ATLANTIS Principals") that it has acquired 250,000 additional ALLIANCE ATLANTIS Class A Voting Shares through a private purchase. This raises Stampco's holdings, together with those of the ALLIANCE ATLANTIS Principals, from approximately 54.5% to approximately 59.5% of the outstanding ALLIANCE ATLANTIS Class A Voting Shares. The purpose of the purchase was to increase the voting control in ALLIANCE ATLANTIS by the ALLIANCE ATLANTIS Principals. The ALLIANCE ATLANTIS Principals may seek to increase their voting control in appropriate circumstances. ALLIANCE ATLANTIS COMMUNICATIONS INC. is a leading creator, producer, distributor and broadcaster of filmed entertainment with significant ownership interests in seven Canadian specialty television networks. The Company's principal business activities are conducted through three operating groups: Television, Motion Pictures and Broadcasting. Headquartered in Toronto, ALLIANCE ATLANTIS operates offices in Los Angeles, Montreal, Vancouver, London, Sydney, and Shannon. The Company's common shares are listed on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and The Montreal Exchange - trading symbols AAC.A, AAC.B and on NASDAQ trading symbol AACB. The Company's website is www.allianceatlantis.com. |
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