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DATEX TECHNOLOGIES CORPORATION ANNOUNCES THE COMPLETION OF ITS GOING PRIVATE TRANSACTION

Mar. 22, 2011 (Canada NewsWire Group) -- TORONTO, March 22 /CNW/ - Datex Technologies Corpor...

articleDefence Therapeutics Inc Class AMarch 22, 20114/company/defence-therapeutics-inc/news/datex-technologies-corporation-announces-the-completion-of-its-going-private-transaction
DATEX TECHNOLOGIES CORPORATION ANNOUNCES THE COMPLETION OF ITS GOING PRIVATE TRANSACTION

About this update from Defence Therapeutics Inc Class A

[{"type":"text","content":"\n\n\n Mar. 22, 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\nTORONTO, March 22 /CNW/ - Datex Technologies Corporation (TSX-V "DTC") ("Datex" or the "Company") announced today that it has completed its\n previously announced "going private transaction" by way of an\n amalgamation ("Amalgamation") involving the Company and 2272107 Ontario\n Limited ("Newco"), a corporation controlled by James Dawson, Lori\n Dawson, Marc Carrafiello and Edward Leavens and certain corporate\n entities controlled by such persons.  Specifically, the Company and\n Newco filed articles of amalgamation which became effective on March\n 22, 2011.\n\n\nThe Company also confirms that its common shares will be delisted from\n the TSX Venture Exchange as of market close on March 23, 2011.\n\n\nUnder the terms of the Amalgamation, holders of common shares in the\n Company (other than James Dawson, Lori Dawson, Marc Carrafiello and\n Edward Leavens and certain corporate entities controlled by such\n persons) will receive $0.04 in cash for each common share held. \n Payment of the redemption proceeds will be made to the common\n shareholders of the Company in accordance with the letters of\n transmittal submitted by them.  Computershare Investor Services Inc.,\n the Company's transfer and depositary agent, will be processing the\n issuance of cheques to all shareholders.\n\n\nThe Company will now make an application to the applic...

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