Business NewsMarketWire • TerraVest Announces Sale of Don Park

TerraVest Announces Sale of Don Park

TerraVest Announces Sale of Don Park

VEGREVILLE, ALBERTA--(Marketwire - Oct. 7, 2010) - TerraVest Income Fund (the "Fund") (TSX:TI.UN), announced today that its portfolio business, Don Park Limited Partnership ("Don Park") has reached a definitive agreement to sell to RONA Inc. the assets and operations of its Canadian business that manufactures and distributes HVAC and fire products for the residential, commercial, industrial and institutional markets. The transaction is expected to close before December 31, 2010 and is subject to approval from the Competition Bureau of Canada.

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