TSX:IBG.DB.E - Post by User
Comment by
brewster123on Sep 11, 2022 5:18pm
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Post# 34955371
RE:RE:Timing of payout?
RE:RE:Timing of payout?From the Management Information Circular:
If the Meeting is held as scheduled and is not adjourned or postponed and the Requisite Shareholder Approval for the Arrangement Resolution is obtained at the Meeting, IBI will apply to the Court for the Final Order approving the Arrangement on September 20, 2022. If the Final Order is obtained on September 20, 2022, in a form acceptable to IBI and the Purchaser, each acting reasonably, and all other conditions set forth in the Arrangement Agreement are satisfied or waived in a timely manner, IBI expects the Effective Date to be in late September 2022.