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Katz Group of Companies

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public-private partnership to build Rogers Place arena, under which the city would retain ownership of the new arena, and Katz Group operate it (under OEG). The city’s portion of arena funding will be paid through a Community Revitalization Levy and will not result in any new cost to taxpayers. Construction on the project began in March 2014 and was completed in fall 2016. It features a 24,000-square-foot grand entrance-way called "Ford Hall" which is used as a public/private programmable space.
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In July 2007, he made another bid for the Oilers of $ 185 million, which was turned down by the EIG on August 7, 2007. On December 12, 2007, Katz made an offer of $ 188 million to the EIG. The board of the EIG announced in January 2008 that it would again recommend to its shareholders to reject this
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On January 28, 2008, Katz increased his offer to $ 200 million and extended the acceptance deadline to February 5, 2008, at which time Katz was notified by the EIG that all its members agreed to sell the Oilers to him, pending league and financial approval. On June 18, 2008, Daryl Katz received the
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for roughly $ 920 million in cash. Drug Trading Company is a marketing and purchasing arm for a network of over 850 independent pharmacies that primarily operate under the I.D.A. and Guardian brands and Medicine Shoppe Canada Inc. The sale represented about 90% of the Katz Group's assets, shrinking
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Regarding the deal, National Bank Financial analyst Vishal Shreedhar suggested, "... Katz Group wants to exit the small pharmacy-focused independent/franchise business because it is most impacted by recent drug reforms. In contrast, Katz Group’s corporate store business ( 420 stores) benefits from
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With Rogers Place at its core, Katz Group has begun construction of the Edmonton Arena District (EAD), which quickly became Canada’s largest mixed-use sports and entertainment development. The EAD covers 25 contiguous acres of downtown Edmonton and features a 50,000-square-foot public plaza, two
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drugstore chain in Canada which at the time only consisted of several dozen stores. Six years after the first Medicine Shoppe was opened, Katz Group’s pharmacy operation consisted of 80 Rexall stores, 30 Medicine Shoppe outlets, and a few smaller independent retailers. In 1997, it purchased the
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chain in Edmonton in 1978. Katz obtained financing from Vencap Equities, a venture capital fund established by the Alberta government to support local entrepreneurs. Daryl later stated: "If my father wasn't in the business and didn't have a history, I would never have succeeded in getting it."
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the group's network of corporate-owned and franchised stores to 450 Rexall/Rexall Pharma Plus stores. Additionally on January 30, 2012, Katz acquired the 18-store Dell Pharmacies chain that operates in the Hamilton, Ontario, area. Dell joined the Rexall chain effective with the announcement.
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Shortly after acquiring the Oilers in 2008, Katz set his sights on building a new arena in downtown Edmonton, which he anticipated would be a catalyst for downtown revitalization. Following public consultations and negotiations with the City of Edmonton, Katz Group and the city agreed to a
435:, was selected as one of two NHL “Hub Cities” to facilitate the completion of the 2019-2020 season where the 12 years of effort to put Ice District together had put the city in a position to compete with anyone in the world for an event of this unprecedented scope. 420:, a multi-use indoor arena that is home to both the Edmonton Oilers and the Edmonton Oil Kings. Rogers Place opened in downtown Edmonton in the fall of 2016. In addition to sporting events, the arena plays host to concerts and other events in the 306:
In 1991, in a partnership with his father Barry Katz, Daryl Katz paid $ 300,000 for the Canadian rights to the U.S.-based Medicine Shoppe drugstore franchise, which had over 1,000 stores in the USA. His father was a pharmacist who founded the
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stronger brand awareness, greater front store penetration, and superior vendor support, making it a better growth platform." Katz Group continues to supply Rexall products to the independent and franchise pharmacies sold to McKesson.
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On March 2, 2016, Rexall announced that it was being sold, in entirety, by Katz Group to the McKesson Corporation, a San Francisco-based pharmaceutical company. It has been speculated that this is due to pressure on McKesson by
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Claimsecure Inc., a healthcare management and technology firm that provides customized health benefit claims management and plan administrative services to Canadian corporations and other health benefit plan
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movie theatre complex, over 1,000 luxury condos and rental apartments, and 270,000 square feet of retail space at a total cost around $ 2.5 billion. In 2014, it was announced that the City of Edmonton and
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Katz Group Properties is involved in land assembly and site and building development across Canada and the United States, and is leading the $ 2.5 billion Edmonton Arena District development now known as
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final approval from the National Hockey League to purchase the Edmonton Oilers, and then on July 2, 2008, he was announced as the owner of the Edmonton Oilers during a press conference at
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In 1999, it ventured into the U.S. with the purchase of the money-losing Minnesota-based Snyders Drug Store chain, which had $ 300 million in sales. In 2001, it purchased the U.S.-based
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Medicentres Canada, a group of family health care clinics where family physicians and specialists provide health care services to people in Edmonton, Calgary, London, and Windsor
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Rexall/Rexall Pharma Plus, a retail pharmacy chain operating under the 100-year-old Rexall banner. The chain employs over 8,600 people at more than 460 locations across Canada
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Katz Group’s former pharmacy business and health-related companies operated under the banner "Rexall Health". Rexall Health included these independently operated businesses:
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in downtown Edmonton. Katz Group is also involved in land assembly, site, and building development in Canada and the United States, including the design and development of
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purchase, and on growing pressure on Rexall over sales. The deal was finalized in December 2016 following approval received under the Investment Canada Act.
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Katz Group had some history in the pharmacy business from 1991 until 2016 when it sold its remaining pharmacy interests including the
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On July 13, 2015, it was announced that the Edmonton Arena District would be called Ice District. Ice District is accessible via the
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Katz created the Rexall Sports Corporation to run the sports and entertainment side of the Katz Group. It was renamed
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is a Canadian privately-owned enterprise, with operations in sports and entertainment and real estate development.
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would be the major tenants of the two office towers. Stantec Tower is the tallest in Edmonton (62 stories).
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Edmonton Journal: "Daryl Katz: reclusive billionaire" by Rick McConnell, John MacKinnon and Gary Lamphier
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big-box discount chain. The Snyder's chain filed for bankruptcy in 2003 and its 25 stores were sold to
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In 1992, Katz Group opened the first Medicine Shoppe store. In 1996, it purchased the fading
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on 105 Avenue between 103 and 104 Street. The station opened on September 6, 2015.
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Ontario-based, 143-store Pharma Plus drugstore chain from the supermarket operator
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On January 30, 2012, Katz agreed to sell its Drug Trading Company Ltd. to
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In May 2007, Katz made a $ 145-million bid to buy the
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It is located across from 535: 253:brand and stores to American pharmacy giant 993: 431:pandemic, the City of Edmonton, along with 2222: 2208: 1591: 1584: 1570: 1116: 1102: 986: 972: 662:"Rare Canadian pharmacy takeover is inked" 544:"Rexall Health Names JĂĽrgen Schreiber CEO" 438: 36: 636: 2050: 2036: 2026: 2016: 1988: 1948: 1793: 607:Archives Canada: "Daryl Katz collection" 270: 853: 732: 659: 637:Spectator, Hamilton (30 January 2012). 275:The Rexall Pharmacy in Canmore, Alberta 14: 2389:Canadian companies established in 1990 2376: 927:"Wintergarden to be renamed Ford Hall" 708:"Dell Pharmacies Sold To Rexall Chain" 639:"Dell Pharmacies Sold To Rexall Chain" 2203: 1565: 1097: 967: 479:gaming and entertainment facility, a 427:In 2020, in response to the COVID-19 2404:Retail companies established in 1990 2189:List of supermarket chains in Canada 1900: 1890: 1870: 1546: 894: 705: 518: 1873:: Prince Albert/North Central area) 1123: 784: 761:"Owning Oilers a 'Dream Come True'" 758: 294:In March 2016, Katz sold Rexall to 24: 939: 903:. City of Edmonton. Archived from 854:Journal, Edmonton (12 July 2020). 541: 25: 2415: 875: 1880: 1545: 1536: 1535: 733:Journal, Edmonton (2007-05-07). 678: 660:KILADZE, TIM (31 January 2012). 260: 2054: 2040: 2006: 1996: 1992: 1978: 1968: 1938: 1918: 933: 919: 888: 869: 847: 829: 811: 793: 778: 752: 726: 2384:1990 establishments in Alberta 1928: 706:Shaw, Hollie (March 3, 2016). 699: 672: 653: 630: 512: 242:. Its founder and chairman is 13: 1: 505: 452:Rogers Place and Ice District 411:Silver Pictures Entertainment 737:. Canada.com. Archived from 302:History of pharmacy business 7: 2394:Companies based in Edmonton 363:Purchase of Edmonton Oilers 87:; 34 years ago 10: 2420: 519:NEWS, CBC (13 July 2015). 455: 392:Oilers Entertainment Group 264: 200:Oilers Entertainment Group 169:Oilers Entertainment Group 2238: 2184: 2064: 1849: 1823: 1758: 1725: 1692: 1599: 1531: 1448: 1416: 1385: 1364: 1336: 1283: 1240: 1165: 1131: 1073: 1050: 1034: 1001: 735:"Katz Bids To Buy Oilers" 400:Bakersfield Condors (AHL) 176: 162: 152: 139: 117: 107: 81: 54: 44: 35: 1860:members (Western Canada) 1654:Real Canadian Superstore 1649:Real Atlantic Superstore 1471:Edmonton Investors Group 429:coronavirus disease 2019 373:Edmonton Investors Group 73:​ development 2104:Commisso's Food Markets 2009:: Greater Toronto Area) 1981:: Greater Toronto Area) 1941:: Greater Toronto Area) 1858:Federated Co-operatives 1679:Your Independent Grocer 995:Katz Group of Companies 823:Edmonton Arena District 616:retrieved March 9, 2013 439:Real estate development 196:Katz Group of Companies 31:Katz Group of Companies 1593:Supermarkets in Canada 1035:Katz Group Real Estate 276: 216:American Hockey League 204:National Hockey League 27:Canadian business firm 2283:Canadian Western Bank 2092:Ultra Food & Drug 1824:Other national chains 1516:2023 Heritage Classic 1511:2016 Heritage Classic 1506:2003 Heritage Classic 1456:Miracle on Manchester 858:. edmontonjournal.com 456:Further information: 274: 220:Western Hockey League 172:Katz Group Properties 2328:Lone Pine Publishing 1935:Coppa's Fresh Market 641:. Hamilton Spectator 340:McKesson Corporation 296:McKesson Corporation 255:McKesson Corporation 2348:Servus Credit Union 2171:Village Food Stores 2099:Ayre's Supermarkets 1965:Galati Market Fresh 1727:Pattison Food Group 1398:Bakersfield Condors 1349:Northlands Coliseum 1011:Bakersfield Condors 785:Journal, Edmonton. 759:Journal, Edmonton. 324:for $ 100 million. 32: 2047:Whole Foods Market 1927:(Atlantic Canada, 1867:Lake Country Co-op 1841:Northern/Northmart 1021:Edmonton Oil Kings 666:The Globe and Mail 612:2013-11-11 at the 593:2013-10-05 at the 500:MacEwan University 416:OEG also operates 396:Edmonton Oil Kings 298:for C$ 3 billion. 277: 30: 2371: 2370: 2363:Triple Five Group 2233:-based businesses 2197: 2196: 2154:Miracle Food Mart 2023:Kin's Farm Market 1910: 1909: 1893:: Saskatoon area) 1559: 1558: 1408:Fort Wayne Komets 1377:Los Angeles Kings 1091: 1090: 1065:Edmonton Capitals 940:Stantc, Stantec. 597:December 17, 2012 471:office towers, a 192: 191: 16:(Redirected from 2411: 2338:PCL Construction 2293:Company's Coming 2224: 2217: 2210: 2201: 2200: 2134:Overwaitea Foods 2056: 2052: 2042: 2038: 2028: 2018: 2008: 1998: 1994: 1990: 1980: 1970: 1960: 1951:: Victoria area) 1950: 1940: 1930: 1920: 1902: 1892: 1883:: Winnipeg area) 1882: 1872: 1854: 1853: 1795: 1740:PriceSmart Foods 1601:Loblaw Companies 1586: 1579: 1572: 1563: 1562: 1549: 1548: 1539: 1538: 1449:Culture and lore 1344:Edmonton Gardens 1178:General managers 1118: 1111: 1104: 1095: 1094: 988: 981: 974: 965: 964: 958: 957: 955: 953: 937: 931: 930: 923: 917: 916: 914: 912: 901:City of Edmonton 895:Edmonton, City. 892: 886: 885: 873: 867: 866: 864: 863: 851: 845: 844: 841:Edmonton Journal 833: 827: 826: 815: 809: 808: 797: 791: 790: 782: 776: 775: 773: 772: 763:. 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Index

Katz Group

Private
Sports
entertainment
Real estate​ development
Edmonton
Alberta
Daryl Katz
Edmonton
Alberta
Canada
Daryl Katz
Daryl Katz
Subsidiaries
Oilers Entertainment Group
www.katzgroup.ca
Oilers Entertainment Group
National Hockey League
Stanley Cup
Edmonton Oilers
American Hockey League
Western Hockey League
ECHL
Rogers Place
Ice District
Edmonton
Alberta
Daryl Katz
Rexall Drugstore

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