|
Back to Home » March 2017 News » Dominion Holding Corporation Provides Update Regarding the Potential Takeover Bid for Preference Shares of Dominion Citrus Limited |
Dominion Holding Corporation Provides Update Regarding the Potential Takeover Bid for Preference Shares of Dominion Citrus Limited |
March 23, 2017
TORONTO, ONTARIO--(Marketwired - March 22, 2017) - Further to its announcement on September 16, 2016, Dominion Holding Corporation ("DHC"), the holder of 100% of the issued and outstanding common shares of Dominion Citrus Limited ("Dominion Citrus"), advises that it has submitted and received feedback regarding a pre-filing application made to the Ontario Securities Commission (the "OSC") with respect to a proposed takeover bid (the "DHC Bid") for all of the 1,021,150 issued and outstanding Series A preference shares of Dominion Citrus (the "Preference Shares") and for 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.
Source URL: http://www.marketwired.com/mw/release.do?id=2204743&sourceType=3
|
|
|
|
