Page ContentCMA Holdings purchases majority position in Howson TattersallDate Closed: 8/31/2003Value: UndisclosedCMA Holdings Inc., a subsidiary of the Canadian Medical Association, announced on June 23, 2003 that it had agreed to purchase a majority position in Toronto-based investment management firm Howson Tattersall Investment Counsel. The deal closed on August 31, 2003. Pursuant to the terms of the transaction, Howson Tattersall will combine its institutional business with Lancet Asset Management Inc., the institutional money management subsidiary of CMA Holdings, and its private client management business and the management of the Saxon Mutual Funds will be carried on through new subsidiaries of Howson Tattersall. The combined businesses will have investment assets under management of $6 billion and operate under the Howson Tattersall and Saxon names. CMA Holdings was represented in-house by Louis Lavoie, counsel, and assistant vice-president, corporate, and by BLG in Ottawa, with a team that included Jeremy Farr, Patricia John, Lisa Dwyer Hurteau and Steve Thomas (corporate and regulatory) and Bernie Roach (tax).