Business News • MarketWire • Capstone Infrastructure Securityholders Approve Arrangement With iCON Infrastructure Partners III |
Capstone Infrastructure Securityholders Approve Arrangement With iCON Infrastructure Partners III |
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Capstone Infrastructure Securityholders Approve Arrangement With iCON Infrastructure Partners III
TORONTO, ONTARIO--(Marketwired - March 10, 2016) - Capstone Infrastructure Corporation (TSX:CSE)(TSX:CSE.DB.A)(TSX:CSE.PR.A)(TSX:CPW.DB) ("Capstone") today announced that its common shareholders, holders of Class B exchangeable units of Capstone's subsidiary MPT LTC Holding LP ("Class B units") and holders of the 6.75% extendible convertible unsecured subordinated debentures of Capstone Power Corp. ("CPC") due December 31, 2017 (the "CPC 2017 Debentures") have approved the resolution authorizing the previously announced plan of arrangement (the "Arrangement") providing for, among other things, the acquisition by a subsidiary of iCON Infrastructure Partners III, L.P. (the "Purchaser") of all issued and outstanding common shares of Capstone and Class B units for $4.90 cash per share or unit, as applicable.
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