Just for Laughs to be sold after reaching deal with investors group

MONTREAL — The embattled Just for Laughs group says it has found a buyer.

The Montreal-based company says it has reached an agreement in principle with an unnamed group of investors.

The company says the deal puts the ball in the court of media giant Quebecor, which can exercise its right to first refusal and equal the group’s offer in the next 12 days.

Just for Laughs was rocked after several women came forward last fall with allegations of sexual assault and sexual harassment against its founder and majority stakeholder, Gilbert Rozon.

Rozon said he would sell his majority shares in the Just for Laughs company he founded in response to the allegations, which he has denied and which have not been proven in court.

Just Posted

Survey suggests many Red Deer-area employers ready to hire in early 2019

Red Deer-area employers expect a hopeful hiring climate in the first quarter… Continue reading

Experts offer tips about how to prevent online ad spoilers during the holidays

Looking to prevent your Christmas surprises from being spoiled by online ads… Continue reading

Fast-expanding seafood giant joins Irvings, McCains as N.B. business royalty

FREDERICTON — For the Irvings, it was Bouctouche. For the McCains, Florenceville.… Continue reading

Washington state combats collisions with new wildlife bridge

SNOQUALMIE PASS, Wash. — Before descending the Cascade Mountains on its final… Continue reading

Dumba scores twice, Wild rout Canadiens 7-1

ST. PAUL, Minn. — Reeling and banged up, the Minnesota Wild were… Continue reading

Coach Hunter wants up-tempo Team Canada as world junior squad hits ice

COLWOOD, B.C. — Team Canada coach Tim Hunter says the team that… Continue reading

Study finds female-led films outperform male ones

NEW YORK — A study organized by Time’s Up, the organization formed… Continue reading

Price Is Right contestant wins winter trip to Winnipeg, Churchill

WINNIPEG — Who wants to visit Winnipeg in the dead of winter?… Continue reading

CBC Gem streaming service to launch exclusive content, partners with Wattpad

TORONTO — The CBC has launched a new streaming service featuring live… Continue reading

‘Part of the solution:’ Alberta seeks proposals to build new refinery

EDMONTON — Alberta is looking for someone to build a new oil… Continue reading

Online ads spoil Christmas surprises, raising privacy concerns: experts

Lisa Clyburn knew she had found the perfect gift for her nine-year-old… Continue reading

Sebastian Giovinco, Jonathan Osorio and Adriana Leon up for top CONCACAF awards

Toronto FC’s Sebastian Giovinco and Jonathan Osorio are up for CONCACAF male… Continue reading

Most Read