Business News • MarketWire • Dundee Corporation Shareholders Approve Sale of All of the DundeeWealth Inc. Shares Held by Dundee Corporation |
Dundee Corporation Shareholders Approve Sale of All of the DundeeWealth Inc. Shares Held by Dundee Corporation |
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Dundee Corporation Shareholders Approve Sale of All of the DundeeWealth Inc. Shares Held by Dundee Corporation
TORONTO, ONTARIO--(Marketwire - Jan. 6, 2011) - Dundee Corporation (TSX:DC.A)(TSX:DC.PR.A)(TSX:DC.PR.B) ("Dundee" or the "Company") is pleased to announce that at a special meeting of its shareholders held earlier today, holders of First Preference Shares, Series 1, First Preference Shares Series 2, Class A Subordinate Voting Shares and Class B Common Shares, which are all of the classes of shares of the Company entitled to vote at such meeting, voted overwhelmingly in favour of the sale of all of the Company's shares of DundeeWealth Inc. ("DundeeWealth") to The Bank of Nova Scotia ("Scotiabank"), pursuant to the terms of the previously announced bid and in accordance with the terms of the lock-up agreement. Of the 353,739,216 votes cast at the special meeting, 99.9% voted in favour of this transaction.
View More : http://www.marketwire.com/mw/release.do?id=1377026&sourceType=3
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