BMO Nesbitt Burns Reports Ownership Interest in Madacy Entertainment Income Fund
BMO Nesbitt Burns Inc. acquired 22,900 units (“Units”) of Madacy Entertainment Income Fund (the “Fund”) through the facilities of The Toronto Stock Exchange, after which it held 764,680 units, representing approximately 10.1% of the outstanding Units. BMO Nesbitt Burns currently holds 878,880 Units of the Fund, representing approximately 11.7% of the outstanding Units.
BMO Nesbitt Burns acquired the Units for investment purposes. While BMO Nesbitt Burns does not currently intend to further increase its ownership or control over units of the Fund, it may from time to time effect trades in such securities depending on market prices and circumstances.
BMO Nesbitt Burns is a leading full-service investment bank offering corporate, institutional and government clients access to a broad range of products and services including investment and corporate banking, treasury services, market risk management, institutional investing and research. BMO Nesbitt Burns is a member of BMO Financial Group (TSX, NYSE: BMO).
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