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Stock impact report

Searchlight to sell Ocean Outdoor to Ocelot [Reuters]

Imax Corporation (IMAX) 
Last imax corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: imax.com/content/investor-relations
Company Research Source: Reuters
Searchlight to sell Ocean Outdoor to Ocelot - PE Hub US Edition (daily) Canada Edition (weekly) I accept the Terms and Conditions Ocelot , a blank check company, has agreed to acquire Ocean Outdoor , a UK-based digital out-of-home advertising company, from Searchlight Capital Partners . The deal puts Ocean Outdoor at a valuation of 200 million pounds. The acquisition is expected to close in the first quarter of this year. PRESS RELEASE Ocelot Partners Limited (LSE: OLOT / OLOW) (“Ocelot”) has entered into a definitive agreement to acquire Ocean Outdoor (“Ocean” or “the Company”), from investment funds managed by Searchlight Capital Partners, L.P. (“Searchlight”) for an enterprise value of £200 million. Ocean is a pure play operator of premium digital out-of-home (“DOOH”) advertising in the UK. Ocean’s portfolio of digital, full motion screens facilitates connectivity as out-of-home, digital, mobile, online and screen media all converge to create deeper brand experiences. Oce Show less Read more
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