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SUN GRO HORTICULTURE INCOME FUND, SUN GRO HORTICULTURE CANADA LTD. AND SUN GRO HORTICULTURE INC. ANNOUNCE CLOSING OF PLAN OF ARRANGEMENT
Jan. 4, 2011 (Canada NewsWire Group) -- VANCOUVER, Jan. 4 /CNW/ - Sun Gro Horticulture Income...
About this update from Coloured Ties Capital Inc
[{"type":"text","content":"\n\n\n\n Jan. 4, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, Jan. 4 /CNW/ - Sun Gro Horticulture Income Fund (the "Fund") (TSX:GRO.UN), Sun Gro Horticulture Canada Ltd. and Sun Gro\n Horticulture Inc. are pleased to announce that the previously announced\n reorganization of the Fund's trust structure to a corporation pursuant\n to a plan of arrangement transaction under the Canada Business Corporations Act (the "Arrangement") has been completed, effective December 31, 2010.\n\n\nPursuant to the Arrangement holders of trust units ("Unitholders") of the Fund will receive, for each unit held, one common share ("Common Shares") of Sun Gro Horticulture Inc.  The board of directors of Sun Gro\n Horticulture Inc. consists of the members of the board of directors of\n Sun Gro Horticulture Canada Ltd. elected at the meeting of Unitholders\n held on May 27, 2010.\n\n\nTrading of the Sun Gro Horticulture Inc. Common Shares on the Toronto\n Stock Exchange is expected to commence two to three business days\n following the date hereof under the symbol "GRO", subject to the\n approval of the Toronto Stock Exchange.\n\n\nAbout Sun Gro Horticulture Inc.\n\n\nSun Gro Horticulture Inc. is the largest producer and distributor of\n peat and bark-based growing mixes to professional plant growers in the\n US and Canada.  It is also North America's largest producer and\n distributor of sphagnum peat moss, with approximately 65,...