{"id":401395,"date":"2020-12-16T17:04:09","date_gmt":"2020-12-16T22:04:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=401395"},"modified":"2020-12-16T17:04:09","modified_gmt":"2020-12-16T22:04:09","slug":"ci-global-asset-management-comments-on-proposed-acquisition-of-great-canadian-gaming-by-funds-managed-by-apollo-global-management","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ci-global-asset-management-comments-on-proposed-acquisition-of-great-canadian-gaming-by-funds-managed-by-apollo-global-management\/","title":{"rendered":"CI Global Asset Management comments on proposed acquisition of Great Canadian Gaming by funds managed by Apollo Global Management"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>CI Global Asset Management comments on proposed acquisition of Great Canadian Gaming by funds managed by Apollo Global Management<\/b><\/p>\n<p>TORONTO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ci.com&amp;esheet=52349423&amp;newsitemid=20201216005780&amp;lan=en-US&amp;anchor=CI+Global+Asset+Management&amp;index=1&amp;md5=8f16e9b4bd972ce9bad2dfe132297bc6\">CI Global Asset Management<\/a> (\u201cCI GAM\u201d) announced today that the portfolio managers of its funds which hold shares of Great Canadian Gaming Corporation (the \u201cCorporation\u201d) are not supportive of the proposed plan of arrangement between the Corporation and funds managed by Apollo Global Management (the \u201cPlan\u201d) and intend to vote against the Plan.\n<\/p>\n<p>\nInvestment funds advised by CI GAM currently hold 7,897,552 common shares of the Corporation, representing approximately 14.11% of the Corporation\u2019s outstanding common shares.\n<\/p>\n<p>\nCI GAM will not be providing any further public comment on the Plan at this time.\n<\/p>\n<p><b>About CI Global Asset Management<\/b><\/p>\n<p>\nCI Global Asset Management is one of Canada\u2019s largest investment management companies. It offers a wide range of investment products and services and is on the Web at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ci.com%2F&amp;esheet=52349423&amp;newsitemid=20201216005780&amp;lan=en-US&amp;anchor=www.ci.com&amp;index=2&amp;md5=65c4821ac8fce1a19885a6d90c7bcf71\">www.ci.com<\/a>. CI GAM is a subsidiary of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cifinancial.com&amp;esheet=52349423&amp;newsitemid=20201216005780&amp;lan=en-US&amp;anchor=CI+Financial+Corp.&amp;index=3&amp;md5=b290784b76e59388ecbcb52819999587\">CI Financial Corp.<\/a> (TSX: CIX, NYSE: CIXX), an independent company offering global asset management and wealth management advisory services with approximately $215.6 billion in total assets as at November 30, 2020.\n<\/p>\n<p><i>CI Global Asset Management is a registered business name of CI Investments Inc.<\/i><\/p>\n<p><i>\u00a9CI Investments Inc. 2020. All rights reserved.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201216005780r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201216005780\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201216005780\/en\/<\/a><\/span><\/p>\n<p><span style=\"font-weight:normal\">Murray Oxby<br \/>\n<\/span><br \/><span style=\"font-weight:normal\">Vice-President, Corporate Communications<br \/>\n<\/span><br \/><span style=\"font-weight:normal\">CI Global Asset Management<br \/>\n<\/span><br \/><span style=\"font-weight:normal\">416-681-3254<br \/>\n<\/span><br \/><a rel=\"nofollow\" href=\"mailto:moxby@ci.com\"><span style=\"font-weight:normal\">moxby@ci.com<\/span><\/a><span style=\"font-weight:normal\" \/><\/p>\n<p><b>KEYWORDS:<\/b> North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201216005780\/en\/837427\/3\/CI-GAM_-_RGB_E.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CI Global Asset Management comments on proposed acquisition of Great Canadian Gaming by funds managed by Apollo Global Management TORONTO&#8211;(BUSINESS WIRE)&#8211;CI Global Asset Management (\u201cCI GAM\u201d) announced today that the portfolio managers of its funds which hold shares of Great Canadian Gaming Corporation (the \u201cCorporation\u201d) are not supportive of the proposed plan of arrangement between the Corporation and funds managed by Apollo Global Management (the \u201cPlan\u201d) and intend to vote against the Plan. Investment funds advised by CI GAM currently hold 7,897,552 common shares of the Corporation, representing approximately 14.11% of the Corporation\u2019s outstanding common shares. CI GAM will not be providing any further public comment on the Plan at this time. About CI Global Asset Management CI Global Asset &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ci-global-asset-management-comments-on-proposed-acquisition-of-great-canadian-gaming-by-funds-managed-by-apollo-global-management\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CI Global Asset Management comments on proposed acquisition of Great Canadian Gaming by funds managed by Apollo Global Management&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-401395","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CI Global Asset Management comments on proposed acquisition of Great Canadian Gaming by funds managed by Apollo Global Management - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ci-global-asset-management-comments-on-proposed-acquisition-of-great-canadian-gaming-by-funds-managed-by-apollo-global-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CI Global Asset Management comments on proposed acquisition of Great Canadian Gaming by funds managed by Apollo Global Management - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CI Global Asset Management comments on proposed acquisition of Great Canadian Gaming by funds managed by Apollo Global Management TORONTO&#8211;(BUSINESS WIRE)&#8211;CI Global Asset Management (\u201cCI GAM\u201d) announced today that the portfolio managers of its funds which hold shares of Great Canadian Gaming Corporation (the \u201cCorporation\u201d) are not supportive of the proposed plan of arrangement between the Corporation and funds managed by Apollo Global Management (the \u201cPlan\u201d) and intend to vote against the Plan. Investment funds advised by CI GAM currently hold 7,897,552 common shares of the Corporation, representing approximately 14.11% of the Corporation\u2019s outstanding common shares. CI GAM will not be providing any further public comment on the Plan at this time. 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Investment funds advised by CI GAM currently hold 7,897,552 common shares of the Corporation, representing approximately 14.11% of the Corporation\u2019s outstanding common shares. CI GAM will not be providing any further public comment on the Plan at this time. 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