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CANLAN INVESTMENT LOOKS TO BUY UP ICE RINKS IN U.S.
Published January 9, 1995
In this morning's WALL STREET JOURNAL, Larry Greenberg's "small stock focus" report examiens the progress of Canlan Investment, a company that has been acquiring many ice rinks across Canada in the past two years. To date, the company owns 23 ice rinks. The company hopes to expand its U.S. holdings in markets such as Wichita and Ft. Worth, capitalizing on the sport's rising U.S. popularity. Modern ice arenas offer more than just a place to skate. At its Canadian arenas, Canlan organizes hockey leagues, referees games, sells equipment and provides restaurant and lounge facilities. The company expects to offer more skating lessons at its rinks in the U.S. (WALL STREET JOURNAL, 1/9).