July 29 (Reuters) - Torstar Corp TSb.TO :
* Acquires 56 percent interest in verticalscope
* Deal for enterprise value of $404 million
* Says torstar's investment has been financed from its cash resources
* Aggregate consideration paid by Torstar was $200 million
* Verticalscope plans to pursue making distribution to shareholders, which if
completed would reduce torstar's net investment to about $178 million
* Bought abry partners' minority interest in verticalscope with more than a
third of shares held by continuing shareholders
* In 2015,verticalscope to pursue making distribution to shareholders,which if
completed would reduce torstar's net investment to about $178 million
* Source text for Eikon ID:nMKWfjNtka
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