Business News • MarketWire • Royal Host REIT Announces Receipt of Final Court Order for the Plan of Arrangement |
Royal Host REIT Announces Receipt of Final Court Order for the Plan of Arrangement |
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Royal Host REIT Announces Receipt of Final Court Order for the Plan of Arrangement
HALIFAX, NOVA SCOTIA--(Marketwire - Dec. 19, 2010) - Royal Host Real Estate Investment Trust (TSX:RYL.UN)(TSX:RYL.DB.B)(TSX:RYL.DB.C)(TSX:RYL.DB.D) ("Royal Host" or the "Trust") is pleased to announce that on December 16, 2010 it received a final order from the Nova Scotia Supreme Court approving the plan of arrangement under the provisions of the Canada Business Corporations Act (the "Arrangement") to convert the Trust into a corporation. The Arrangement was approved by the unitholders of the Trust at the Fund's special meeting of unitholders held on December 15, 2010. Pursuant to the Arrangement, each holder of Trust units will receive for each Trust unit held one common share of Royal Host Inc. ("RHC"). The shares of RHC have been conditionally approved for listing on the Toronto Stock Exchange ("TSX"). Su
View More : http://www.marketwire.com/mw/release.do?id=1371299&sourceType=3
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