Business NewsMarketWire • GrowthWorks Provides Back-Stop Offer on Covington Deal Says Focus Must Be on Maximizing Shareholder Value

GrowthWorks Provides Back-Stop Offer on Covington Deal Says Focus Must Be on Maximizing Shareholder Value

GrowthWorks Provides Back-Stop Offer on Covington Deal Says Focus Must Be on Maximizing Shareholder Value

TORONTO, ONTARIO--(Marketwire - Nov. 15, 2010) - GrowthWorks Ltd. ("GrowthWorks") today committed to back-stop the Covington proposal so that VenGrowth Funds class A shareholders can have comfort a deal of that kind will not fall off the table if they vote against the Covington proposal at the November 25, 2010 shareholders meeting.

View More : http://www.marketwire.com/mw/release.do?id=1353130&sourceType=3
Releted News by marketwire
GXS Announces Its Third Quarter 2010 Earnings Conference Call
TokBox Lands $12 Million Series C, Bringing Total Funding to $26.4 Million
GrowthWorks Provides Back-Stop Offer on Covington Deal Says Focus Must Be on Maximizing Shareholder Value