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Chorus Aviation Inc. Announces Filing of Circular for Special Meeting of Common Shareholders
Chorus Aviation Inc. Announces Filing of Circular for Special Meeting of Common Shareholders ...
About this update from Chorus Aviation Inc.
[{"type":"text","content":"\n\n\n\n Chorus Aviation Inc. Announces Filing of Circular for Special Meeting of Common Shareholders\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n HALIFAX, NS\n \n\n ,\n \n\n Aug. 30, 2024\n \n\n /CNW/ - Chorus Aviation Inc. (TSX:\n \n CHR\n \n ) (\"\n \n Chorus\n \n \") today announced that it has filed its management proxy circular (the \"\n \n circular\n \n \") in connection with its upcoming special meeting (the \"\n \n Meeting\n \n \") of holders of Class A Variable Voting Shares and Class B Voting Shares (the \"\n \n Common Shares\n \n \", and the holders thereof \"\n \n Shareholders\n \n \"). The circular is available under Chorus' profile on the System for Electronic Data Analysis and Retrieval + (SEDAR+) at\n \n www.sedarplus.com\n \n .\n \n\n\n\n\n\n\n\n\n\n DETAILS OF THE MEETING\n \n\n\n The Meeting will take place on\n \n September 25\n \n , 2024 at 11:00 a.m. (Eastern time) in virtual only format. Shareholders of record as of the close of business on August 16, 2024 are entitled to receive notice of, to participate in and to vote their Common Shares at the Meeting. Details of the Meeting and how Shareholders or their duly appointed proxyholders can attend and participate in the Meeting are set out in the circular.\n \n\n\n THE TRANSACTION\n \n\n\n The Meeting is being held to seek Shareholders' approval of the sale of all of the assets in Chorus' Regional Aircraft Leasing (\"\n \n RAL\n \n \") segment to affiliates of investment funds managed by HPS Investment Partners, LLC (the \"\n \n Transaction\n \n \"), as previously announced on\n \n July 30, 2024\n \n . The RAL segment includes Falko Regional Aircraft Limited, Falko (\n \n Ireland\n \n ) Limited and their respective affiliates in the RAL segment (the \"\n \n Falko Group\n \n \"), together with the aircraft in the RAL segment and Chorus' interests in the aircraft investment funds which are managed by the Falko Group.\n \n\n Chorus' board of directors (the \"\n \n Board\n \n \") has unanimously determined that the Transaction is in the be...