ENVOY TO RAISE CASH FOR EXPANSION
By Adnews Staff
Toronto-based Envoy Communications Group about to begin a merger and acquisition program intended to expand its business in North America and Europe. In January the company will seek shareholder approval to increase its authorized capital from CAD$50 million to CAD$200 million, to allow Envoy to take advantage of any future acquisition possibilities. Envoy owns advertising agency John St. and design firm Watt International.
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