Just for laughs sold to the Americans, Quebecor Media shall not exercise its right of 1st refusal

News 15 March, 2018
  • Photo archives Agence QMI, Sebastien St-Jean

    Philippe Orfali

    Thursday, march 15, 2018 14:56

    Thursday, march 15, 2018 14:56

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    Just for laughs will indeed Americans. Quebecor Media has “chosen not to exercise the right of first refusal which she had” compared to the empire of the laughter of Gibert Rozon. This is the california-based company, ICM Partners, which thus becomes the owner of the montreal company.

    There are 12 days, the american group has signed an agreement with Just for laughs in order to acquire the whole of the undertaking of the magnate of humor fallen Gilbert Rozon.

    Quebecor Media, which held a priority purchase on Just for laughs, was in discussion with ICM Partners ever since. The company had the chance to match the offer of CMI to the group, Gilbert Rozon, but did not finally done.

    Quebecor, which owns The Journal de Montreal, did not wish to comment on this development. Just for laughs has also refrained from any comment.

    The group ICM, which is headquartered in Los Angeles, is a major player in the field of entertainment in the United States, with artists under management as Jerry Seinfeld, Jon Stewart, Nicki Minaj, Cyndi Lauper, Jay Leno, Pamela Anderson, and Al Pacino.

    The Just for laughs group had been put on sale in the wake of the resignation of Gilbert Rozon last fall when he came to be the subject of complaints of sexual assault from several women.