Blue Ant Media Corp is snapping up one of Canada ‘s top production companies, Thunderbird Entertainment .

The deal is priced in total at C$89M ($63.2M), with Blue Ant paying in cash and shares for all common shares in Thunderbird, which makes the likes of Kim’s Convenience , Highway Thru Hell and Reginald the Vampire . This prices Thunderbird’s shares at C$1.77, a 28% premium on the share price at end of trading yesterday.

Blue Ant says the acquisition will result in cost synergies of C$7M.

The deal comes in a busy year for Blue Ant, coming just months after it completed a reverse takeover (RTO) of Boat Rocker Media and listing on the Toronto Stock Exchange. It also follows a multi-million dollar deal for documentary streamer MagellanTV in October.

“The acquisition of Th

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