1.news on dhp|
2. anyone have a sense of how last quarter shaped up. certainly last report to shareholders sounded like some intitiatives undertaken could serve to turn things around...
GONQUIN MERCANTILE CORP - DURKIN HAYES PUBLISHING LTD - Algonquin
Sold Remaining Holdings in Durkin Hayes 
Canadian Market News from Market News Publishing, Monday, May 04, 1998 at 20:35
Algonquin Mercantile Corporation ("Algonquin") announces that it has
sold privately 4.6 million shares representing substantially all of its
remaining holdings in Durkin Hayes Publishing Ltd. for proceeds of $2.3
million, which approximates its carrying cost.
- The transaction will close June 15, 1998.
- Algonquin will use the proceeds of the sale to reduce debt and to support
the expansion of its subsidiary Automodular Assemblies Inc.
TEL: (905) 841-4473 Algonquin Mercantile Corporation
FAX: (905) 841-2714 Winston R. Ash