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Clairvest To Sell A Portion Of Gateway Casinos Income Fund.

Publication: Business Wire
Publication Date: 30-AUG-04
Format: Online - approximately 441 words
Delivery: Immediate Online Access

Article Excerpt
TORONTO -- Clairvest Group Inc. (TSX:CVG) announced today it has entered into an agreement to sell 1,865,226 units of Gateway Casinos Income Fund (the "Fund") for net proceeds of $30.7 million. Clairvest will continue to hold 1,500,649 units of the Fund, representing approximately 5.7% of the outstanding units.

Clairvest and certain other unitholders have, subject to regulatory approval, agreed to sell a total of 6,567,150...



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