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Back to Home » December 2010 News » VenGrowth & Covington Terminate Proposed Acquisition Transaction-GrowthWorks |
VenGrowth & Covington Terminate Proposed Acquisition Transaction-GrowthWorks |
December 18, 2010
TORONTO, ONTARIO--(Marketwire - Dec. 17, 2010) - Late today, VenGrowth & Covington announced that they will not proceed with the previously announced sale of the VenGrowth Fund assets to Covington Fund II. The decision follows a request by the OSC for new votes by VenGrowth Funds shareholders with full disclosure of original manager-to-manager arrangements associated with the proposed transaction.
Source URL: http://www.marketwire.com/mw/release.do?id=1371258&sourceType=3
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