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BRIEF-Roots inks agreement with Searchlight

Published 2015-10-26, 04:44 p/m
BRIEF-Roots inks agreement with Searchlight

Oct 26 (Reuters) - Roots
* Roots Canada ltd - co-founders michael budman and don green concluded formal
agreement with searchlight to make a significant investment in company
* Roots Canada ltd - as a result of the investment, searchlight capital
partners l.p. will hold a majority stake in the company
* Roots Canada ltd - co-founders michael budman and don green will remain
actively involved in roots and will be substantial shareholders
* Roots Canada ltd - the Toronto-Dominion bank is providing debt financing for
the transaction

* Source text for Eikon ID:nCNWJMDgba

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