09:57 AM EST - Corus Entertainment Inc. : Has priced its previously announced public offering and concurrent private placement of subscription receipts. Corus has entered into an underwriting agreement to sell 25,400,000 subscription receipts at a price of $9.00 per subscription receipt for total gross proceeds to Corus of $228,600,000 to a syndicate of underwriters, co-led by RBC Capital Markets and TD Securities. Corus has also granted the underwriters an over-allotment option to purchase up to an additional 3,810,000 subscription receipts, for additional gross proceeds to Corus of up to $34,290,000, to cover over-allotments, if any, and for market stabilization purposes. Corus Entertainment Inc.
shares T.CJR.B are trading up $0.22 at $9.56.
