Cedar Fair Acquires Paramount Parks

On June 30, 2006, Cedar Fair LP of Sandusky, Ohio, which owns and operates seven amusement parks and five water parks, acquired Paramount Parks Inc. from CBS Corporation for US$1.24 billion. The five Paramount Parks acquired by Cedar Fair LP through this transaction are Canada’s Wonderland, near Toronto, Ontario; Kings Island, near Cincinnati, Ohio; Kings Dominion, near Richmond, Virginia; Carowinds, near Charlotte, North Carolina; and Great America, in Santa Clara, California.

Bear Stearns Corporate Lending Inc. acted as administrative agent for a syndicate of lenders providing financing to Cedar Fair for this acquisition. Bear Stearns Corporate Lending was represented in Canada by Borden Ladner Gervais LLP with a team led by Ken Atlas that included Howard Silverman and Larissa Tkachenko (tax), Alan Sless (real estate), Will Wallace and Natasha Miklaucic (tax).

Mullen Group Fund Acquires Producers Oilfield Services

On June 1, 2006, Mullen Group Income Fund completed its plan of arrangement, which involved the acquisition of Producers Oilfield Services Inc. and the spin-out of Horizon North Logistics Inc. resulting in total market capital of Mullen in the approximate amount of $2.3 billion.

Mullen is an open-ended income fund that indirectly owns a network of independently operated businesses and is a leading supplier of trucking and logistics services in Canada and the largest provider of specialized transportation and related services to the oil and natural gas industry in Western Canada.

Horizon is a marine transportation, camp/catering and logistics services company that provides support services to oil and gas exploration and production companies, oil field services companies and mining companies on oil sand projects throughout Canada’s northern regions.

Producers and Horizon were represented by Borden Ladner Gervais LLP with a team that included Brian Roberts, Dan Kolibar and Robert Kopstein (tax), Anthony Rasoulis, Angie Redecopp and David Madsen (court application) and Colin MacDonald (competition).

Parmalat Canada Completes Refinancing

On July 11, 2006, Parmalat Dairy&Bakery Inc. (Parmalat Canada), a subsidiary of Parmalat S.p.A of Italy, completed a $550 million refinancing with a syndicate of lenders led by the Bank of Nova Scotia and BNP Paribas. Parmalat Canada employs over 2,900 employees across Canada and is in the business of producing milk, dairy products and ingredients, fruit juices, cultured products, cheese products and table spreads with such brands as Beatrice, Lactantia, Astro, Black Diamond and Balderson.

The lenders were represented by Borden Ladner Gervais LLP with a team that included James Mathers, Paul McCarten, Bill Robertson, Larissa Tkachenko, Will Wallace, Andrew Collingwood, Leonard Lee, Sylvie Bouvette and Caroline Émond.

Age Care Sells Senior Care Facilities to NP REIT

Age Care Investments Ltd., a private long-term care provider, sold the buildings and lands associated with five senior long-term care facilities in Alberta and a sixth in British Columbia for $142.9 million to Northern Property Real Estate Investment Trust. The deal was completed on April 21, 2006. The properties, which include a total of 960 beds, will be leased back to Age Care pursuant to long-term leases. Age Care will continue to provide all care services to the residents and will operate and maintain the buildings.

In connection with the transaction, Age Care and NP REIT entered into certain agreements with the Calgary Health Region and Fraser Health Authority in order to facilitate the long-term leases. The purchase price was paid by NP REIT through a combination of cash, assumption of long-term debt and the issuance of Northern Property Limited Partnership units.

Corporate and securities matters for NP REIT were handled by Freddie Pletcher of Borden Ladner Gervais LLP in Vancouver.