Business News • MarketWire • Dominion Holding Corporation Announces Potential Takeover Bid for Preference Shares of Dominion Citrus Limited |
Dominion Holding Corporation Announces Potential Takeover Bid for Preference Shares of Dominion Citrus Limited |
|
|
Dominion Holding Corporation Announces Potential Takeover Bid for Preference Shares of Dominion Citrus Limited
TORONTO, ONTARIO--(Marketwired - Sept. 16, 2016) - Dominion Holding Corporation ("DHC"), the holder of 100% of the issued and outstanding common shares of Dominion Citrus Limited ("Dominion Citrus"), announces that it proposes to make a takeover bid (the "DHC Bid") for all of the 1,021,150 issued and outstanding Series A preference shares of Dominion Citrus for $1.00 per preference share (the "Preference Shares"). The DHC Bid will be subject to obtaining an exemption (the "Tender Exemption") pursuant to National Instrument 62-104 - Take-Over Bids and Issuer Bids from the minimum tender condition that more than 50% of the Preference Shares are tendered to provide that the minimum tender shall be more than 25% of the Preference Shares.
View More : http://www.marketwired.com/mw/release.do?id=2159260&sourceType=3
|
|
|