Converge Technology Solutions Shareholders Approve the Acquisition by H.I.G. Capital
- Converge shareholders approved H.I.G. Capital's acquisition proposal at a meeting on April 10, 2025.
- The acquisition follows a plan of arrangement as per the Canada Business Corporations Act.
- A special resolution was approved with 98.85% of shareholder votes and 131,318,378 total votes.
- Shareholders, excluding specific Rollover Shareholders, will receive C$6.00 for each Common Share.
- Converge seeks court approval on April 16, 2025, with deal completion around April 22, 2025; caution advised on forward-looking statements.
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Converge Technology Solutions Shareholders Approve the Acquisition by H.I.G. Capital
TORONTO and GATINEAU, QC, April 10, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that at its special meeting of shareholders held today (the "Meeting"), holders (the…
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Total News Sources24
Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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