Update on Contrans Group

Several readers have alerted us that TransForce Inc. announced today it would proceed with a previous conditional offer to acquire all the outstanding Class A subordinate voting shares and Class B multiple voting shares of Contrans Group Inc. This announcement came after the Daily Buy-Sell Adviser was distributed last night with a report from an original story in The Investment Reporter. Our Investment Planning Committee will be updating its advice regarding this take-over bid. We will report that advice in this week’s issue of The Investment Reporter and in the Daily Buy-sell Adviser.

 

The Investment Reporter, MPL Communications Inc.
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