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