On April 2, 2024, Indigo Books & Music Inc. announced that, based on the unanimous recommendation of an independent committee of its board of directors, it has entered into an arrangement agreement with Trilogy Investments L.P. and Trilogy Retail Holdings Inc. (personal holding companies of Gerald W. Schwartz) whereby Trilogy will acquire all of the issued and outstanding common shares of Indigo that Trilogy, its affiliates and joint actors do not currently own on the terms and conditions of the arrangement agreement.
Indigo is Canada’s leading book and lifestyle retailer.
Osler, Hoskin & Harcourt LLP advised Trilogy with a team led by Manny Pressman and consisting of Alex Gorka, Jeremy Wu, Rob Valentini (Corporate), David Davachi, Taylor Cao, Sean Timlick (Tax), Lynne Lacoursière, Nick Guadagnolo (Executive Compensation), Rod Davidge (Real Estate), Adam Kardash, Katelyn Smith (Privacy), Kelly Moffatt (Intellectual Property), Sam Ip (Technology), Damian Rigolo (Employment), Jonathan Marin (Pensions and Benefits), Craig Lockwood, Lauren Harper (Litigation).