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THE DATA GROUP INCOME FUND OBTAINS FINAL COURT ORDER APPROVING PLAN OF ARRANGEMENT
May 25, 2011 (Canada NewsWire Group) -- /Not for distribution to U.S. newswire services or f...
About this update from Data Communications Management Corp.
[{"type":"text","content":"\n\n\n May 25, 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\n/Not for distribution to U.S. newswire services or for release,\n publication, distribution or dissemination directly, or indirectly, in\n whole or in part, in or into the United States./\n\n\nBRAMPTON, ON, May 25, 2011 /CNW/ - The DATA Group Income Fund\n (TSX:DGI.UN) (the "Fund") today announced that it has obtained a final\n order from the Ontario Superior Court of Justice approving the\n previously announced statutory plan of arrangement (the "Arrangement").\n The Arrangement will result in the reorganization of the Fund's income\n trust structure into a dividend paying public corporation, named "Data\n Group Inc." and unitholders of the Fund ("Unitholders") will become\n holders of common shares of Data Group Inc.\n\n\nPursuant to the Arrangement, units of the Fund will be exchanged for\n common shares of Data Group Inc. on a one-for-one basis. The Fund will\n be wound up into Data Group Inc. and dissolved and Data Group Inc.\n will, directly or indirectly, carry on the business of The DATA Group\n Limited Partnership ("Data Group"). Unitholders approved the\n Arrangement and related matters at the annual and special meeting of\n Unitholders that was held on May 17, 2011.\n\n\nFor more information about the Arrangement, please refer to the\n management proxy circular of the Fund dated April 14, 2011 (the\n "Circular").\n\n\nAbout the Fund\nThe Fun...