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Alberta

Gateway merger won’t change plans for casino expansions

Steve McLean Commercial Transactions Ontario Jan. 10 2020

Gateway Casinos & Entertainment Ltd.’s senior management says investments in its properties bodes well for future growth as it prepares to merge with Leisure Acquisition Corp. (LACQ-Q), creating a new $1.46-billion public company. The firm will merge into a new unit

Strategic Group gets creditor protection for 56 Alberta assets

Mario Toneguzzi Commercial Financing Calgary Dec. 11 2019

Calgary-based real estate owner and manager Strategic Group has obtained protection under the Companies’ Creditors Arrangement Act (CCAA) for 56 of its properties. “We are battling the storm,” said Riaz Mamdani, CEO of Strategic Group, in a statement issued Wednesday

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