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Most Recent Online Casino News

Clairvest Completes Sale of a Portion of Gateway Casinos Income Fund

Clairvest Group Inc. (TSX:CVG) announced today it has completed a previously-announced sale of 1,136,094 units of Gateway Casinos Income Fund for gross proceeds of $17.8 million.

Clairvest will continue to hold 3,365,876 units of the Fund, representing approximately 12.7% of the outstanding units.

Clairvest Group Inc. (TSX: CVG) is a Toronto-based merchant bank that forms mutually beneficial investment partnerships with entrepreneurial corporations. The Company invests in both established and emerging companies, which have the potential to create above-average returns. Clairvest contributes financing and strategic expertise to support the growth and development of its entrepreneur partners and realizes value through eventual disposition of its investments, once its target objectives have been achieved.

Read the entire article at: RGT Online 

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