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Share Name | Share Symbol | Market | Type |
---|---|---|---|
MP Western Properties | TSXV:MPW.H | TSX Venture | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
MP Western Properties Inc. ("MPW") (TSX VENTURE:MPW.H) is pleased to announce that MPW and Madison Pacific Properties Inc. ("Madison") have completed a plan of arrangement (the "Arrangement") among MPW, MPW's shareholders and Madison. Pursuant to the requirements of the Canada Business Corporations Act, the Arrangement was approved by over 99% of the votes cast by holders of MPW's voting shares and non-voting shares and by a majority of the minority voting shares, each voting separately as a class at an annual and special meeting of the shareholders of MPW held on June 29, 2011. The Supreme Court of British Columbia approved the Arrangement on July 6th, 2011. Under the terms of the Arrangement, Madison has acquired all of the issued and outstanding shares of MPW held by minority shareholders of MPW in exchange for a cash payment of $0.06 per share. Madison and MPW encourage those shareholders of MPW, who have not yet done so, to tender their shares of MPW, along with a completed letter of transmittal to CIBC Mellon Trust Company.
1 Year MP Western Properties Chart |
1 Month MP Western Properties Chart |
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