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THE ONDAATJE CORPORATION (FORMERLY LOWEN, ONDAATJE, MCCUTCHEON INC.) CANACCORD CAPITAL CORPORATION

THE ONDAATJE CORPORATION (FORMERLY LOWEN, ONDAATJE, MCCUTCHEON INC.)
 CANACCORD CAPITAL CORPORATION
 TORONTO, Oct. 2 /CNW/ - The Ondaatje Corporation (formerly Loewen, Ondaatje, McCutcheon Inc.) and a company (the "Purchaser") formed by Mr. Peter Brown, certain officers and directors of L.O.M. Western Securities Ltd. ("L.O.M. Western") and others announced today that they have successfully completed the previously announced sale and purchase of all the outstanding shares of L.O.M. Western. Following the closing of such transaction, the Purchaser and L.O.M. Western amalgamated to form Canaccord Capital Corporation and therefore the business of L.O.M. Western will now be conducted through the amalgamated corporation under the name "Canaccord Capital Corporation".
 For further information: P.C. Ondaatje, Chairman, The Ondaatje Corporation (416) 925-3555; Brian D. Harwood, President and Chief Operating Officer, Canaccord Capital Corporation (604) 643-7500
 -0- 10/02/92


CO: ONDAATJE CORPORATION; CANACCORD CAPITAL CORPORATION IN: FIN SU: TNM ST: -- c0314 -- X125 10/02/92
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Publication:PR Newswire
Date:Oct 2, 1992
Words:160
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