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Back to Home » February 2011 News » Envoy Capital Group Inc. Announces Restructuring |
Envoy Capital Group Inc. Announces Restructuring |
February 10, 2011
TORONTO, ONTARIO--(Marketwire - Feb. 10, 2011) - Envoy Capital Group Inc. (TSX:ECG)(NASDAQ:ECGI) (the "Company") announced today that the independent members of its board of directors have approved the completion of a restructuring (the "Restructuring") designed to significantly reduce the Company's corporate structure and associated costs. As part of the Restructuring, the Company is in the process of transferring all of its assets in Envoy Capital Group Monaco S.A.M. to itself in Canada and going forward will operate its merchant banking business solely from its offices in Toronto, Ontario.
Source URL: http://www.marketwire.com/mw/release.do?id=1394142&sourceType=3
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