11:52 AM EST - COGECO Inc. : announced that Gestion Audem Inc. has entered into an agreement for the sale of 432,270 subordinate voting shares on a private placement basis. The transaction does not alter the control of COGECO and, after giving effect to this transaction, Gestion Audem will retain control and ownership over 1,809,660 multiple voting shares and 509,810 subordinate voting shares of COGECO, representing in aggregate 70.8% of the voting rights associated with all shares of COGECO. COGECO Inc.
shares T.CGO are trading up $0.56 at $42.08.
