TSX:AX.P.E - Post by User
Post by
SNAKEYBOYon Sep 22, 2023 5:49pm
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Post# 35650148
Cominar privatization
Cominar privatization Under the terms of the Arrangement Agreement, the Purchaser will acquire Cominar for consideration of $11.75 in cash per unit (the "Consideration"). For Cominar's unitholders, this represents a 16.3% premium to the 20-day volume-weighted average price per unit of Cominar ("Unit") for the period ending on October 22, 2021 and a 63.2% premium to the $7.20 closing price of Units on the Toronto Stock Exchange (the "TSX") on September 15, 2020, the last trading day prior to the announcement of the Strategic Review Process.