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Thunderbird Shareholders Approve Acquisition by Blue Ant Media
Thunderbird Shareholders Approve Acquisition by Blue Ant Media Canada NewsWire TO...
About this update from Blue Ant Media Corporation
[{"type":"text","content":"\n\n\nThunderbird Shareholders Approve Acquisition by Blue Ant Media\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nTORONTO, Jan. 22, 2026 /CNW/ - Blue Ant Media Corporation (\"Blue Ant\") (TSX: BAMI), an international streamer, production studio and rights business, announces its proposed acquisition of Thunderbird Entertainment Group Inc. (\"Thunderbird\") (TSXV: TBRD) (OTCQX: THBRF) is one step closer to completion with Thunderbird Shareholders (as defined below) overwhelmingly voting in favour of the transaction.\nAt Thunderbird's special meeting of holders (the \"Thunderbird Shareholders\") of common shares (the \"Thunderbird Shares\") of Thunderbird held on January 22, 2026 (the \"Meeting\"), the Thunderbird Shareholders approved the special resolution (the \"Arrangement Resolution\") approving the plan of arrangement under the Business Corporations Act (British Columbia), involving, among other things, the acquisition by Blue Ant of all of the issued and outstanding Thunderbird Shares (the \"Arrangement\"). The Arrangement Resolution required approval of at least two-thirds (662/3%) of the votes cast by Thunderbird Shareholders at the Meeting and 78.84% of the votes cast by Thunderbird Shareholders at the Meeting were in favour of the Arrangement Resolution.\n\"We are very pleased with the results from Thunderbird's shareholder meeting, with their shareholders voting overwhelmingly in favour of the transaction,\" said Michael MacMillan, CEO of Blue Ant. \"Combining our businesses will add scale, create meaningful cost synergies, strengthen our earnings and cash-flow profile, and enhance our presence in the capital markets. We are extremely excited about the path ahead and expect to close the acquisition in the coming weeks.\"\nThunderbird will apply for a final order approving the Arrangement from the Supreme Court of British Columbia on January 26, 2026. Assuming all other terms and conditions, including applicable stock exchange and regulatory approvals, to the Arrangement are satisfied, it is expected that the Arrangement will be comple...