Business
Century II Holdings Inc. Announces Execution of Support Agreements Between TransForce Income Fund and Century's Principal Shareholders
Century II Holdings Inc. Announces Execution of Support Agreements Between TransForce Income Fund and Century's Principal Shareholders.
About this update from Futuregen Industries Corp.
[{"type":"text","content":"\n\n\n\nTSX Symbol: CH\n\n\nTORONTO, Sept. 20 /CNW/ - Century II Holdings Inc. ("Century") announces\nthat the two major shareholders of Century, The Millard Group Inc. and Jaguar\nFinancial Inc., and seven directors and officers of Century who hold shares of\nCentury have entered into support agreements with affiliates of TransForce\nIncome Fund ("TransForce") to vote in favour of the proposed transaction\ninvolving the acquisition of all of the outstanding shares of Century by\naffiliates of TransForce. The shareholders who have signed support agreements\nown, control or direct 6,156,044 shares representing approximately 53.8% of\nthe outstanding common shares. The proposed transaction must be approved by at\nleast 2/3 of the votes cast at a special meeting of shareholders to be held on\nOctober 25, 2007.\n\n\nThis news release may contain statements which are deemed to be\n"forward-looking statements". Readers are cautioned not to place undue\nreliance on forward-looking statements. Actual results and developments may\ndiffer materially from those contemplated by these statements depending on,\namong other things, the risk that the TransForce Offer will be unsuccessful\nfor any reason. The forward-looking statements contained in this news release\nare made as of the date of this news release and Century does not undertake\nany obligation to update publicly or revise any of the forward looking\nstatements contained in this news release, whether it's a result of new\ninformation, future events or otherwise, except as required by law. The\nforward-looking statements contained in this news release are expressly\nqualified with this cautionary note.\n\n\nAbout Century II Holdings Inc. (TSX Symbol: CH)\n\n\nCentury II Holdings Inc. is a publicly listed holding company whose\nwholly owned subsidiary, Information Communication Services (ICS) Inc.,\noperates a structured route courier business servicing in excess of 35,000\naccounts in the insurance, optical, financial, travel, dental and hearing\nappliance business sectors across Canada.\n\n\n%SEDAR: 00002281E\n\n\n","length":2165,"tagName":"div"}]