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Cineplex Inc's Cineplex Entertainment Limited acquires 50 pct stake in YoYo's Yogurt Cafe

Thursday, 9 Jan 2014 11:39am EST 

Cineplex Inc's Cineplex Entertainment Limited:Says it recently completed the acquisition of a 50 pct stake in YoYo's Yogurt Cafe (YYC Franchise Corporation and YYC Wholesale Corporation), a London, Ontario-based self-serve frozen yogurt chain with stores throughout the province.Says the purchase price for the 50 pct stake in YoYo's Yogurt Cafe was not material to Cineplex.Says it retains the right to purchase the remaining shares in both companies.Says the transaction closed Jan 1. 

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