CanWest Global Communications announces completion of offering.WINNIPEG, Manitoba--(BUSINESS WIRE)--June 7, 1996--CanWest Global Communications Corp. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , WINNIPEG STOCK EXCHANGE: CWW CWW Compressed Work Week CWW City West Water (Australia) CWW Church Without Walls (various religious organizations) CWW Columbus Water Works (Columbus, Georgia, USA) TSE: CWW.A NYSE NYSE See: New York Stock Exchange :CWG) announced Friday that the offering in the United States and other jurisdictions outside Canada of 5 million of its Non-Voting Shares has been completed at a price of US$29 per share (approximately C$40 per share). Of the 5 million shares, 3 million were issued by the company and 2 million were sold by the company's parent, CanWest Communications Corp. The Non-Voting Shares are listed for trading on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "CWG" and on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol "CWW.S" (until July 8, 1996 when the TSE symbol will become "CGS.S"). The stock issue was led in the U.S. by Prudential Securities Incorporated, Nomura Securities International, Inc. and CS First Boston, and outside the U.S. by Normura Securities International plc, Prudential-Bache Securities and CS First Boston. Nomura Securities International, Inc. acted as global coordinator for the offering. CanWest Global Communications CanWest Global Communications Corp. TSX: CGS TSX: CGS.A NYSE: CWG is one of Canada's largest international media companies. The company's head office is situated in Winnipeg, Manitoba, at the tallest building (CanWest Global Place) in the city and it is on the Corp. is a multi-national television broadcaster. It owns and operates the CanWest Global System, Canada's largest privately-owned television group. It also maintains significant investments in the TEN Television Network in Australia and the TV3 Television Network in New Zealand. CONTACT: CanWest Global Communications Corp. IH Asper, 204/956-2025 204/947-9841 (fax) or CanWest Global Communications Corp. T.C. Strike, 204/956-2025 204/947-9841 (fax) or CanWest Global Communications Corporation J.E. Maguire, 204/956-2025 204/947-9841 (fax) |
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