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BRIEF-Aimia Acquires Stake In Clear Media Limited

Published 2020-05-13, 06:02 a/m
AIM
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May 13 (Reuters) - Aimia Inc AIM.TO :

* AIMIA ACQUIRES STAKE IN CLEAR MEDIA LIMITED

* AIMIA INC - INVESTED APPROXIMATELY $75 MILLION IN CLEAR MEDIA LIMITED

* AIMIA INC - INVESTMENT REPRESENTS OVER A 10% EQUITY STAKE IN CLEAR MEDIA

* AIMIA INC - INVESTMENT IN CLEAR MEDIA WAS ACQUIRED THROUGH A SERIES OF SHARE PURCHASES TOTALLING 58.8 MILLION COMMON SHARES

* AIMIA INC - INVESTMENT INCLUDED 19.6 MILLION COMMON SHARES PREVIOUSLY HELD BY CLIENTS OF MITTLEMAN INVESTMENT MANAGEMENT

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