Business
Century II Holdings Inc. Shareholders Approve Amalgamation
Century II Holdings Inc. Shareholders Approve Amalgamation.
About this update from Futuregen Industries Corp.
[{"type":"text","content":"\n\n\n\nTSX Symbol: CH\n\n\nTORONTO, Oct. 25 /CNW/ - Century II Holdings Inc. ("Century") today\nconfirmed that its proposed amalgamation with two indirect subsidiaries of\nTransForce Income Fund ("TransForce") (TSX: TIF:UN) was approved today at a\nSpecial Meeting of Shareholders by 99.9% of the votes cast. The transaction is\nexpected to close within two weeks. Upon completion, Century will become an\nindirect, wholly-owned subsidiary of TransForce and shareholders of Century\nwill receive cash consideration of $10.20 for each common share of Century\nheld immediately prior to the amalgamation.\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\n-----------------------------------------------\n\n\nCentury II Holdings Inc. is a publicly listed holding company whose\nwholly-owned subsidiary, ICS Courier, operates a structured route courier\nbusiness servicing in excess of 35,000 accounts largely in the insurance,\nfinancial, travel, optical, dental and hearing appliance business sectors\nacross Canada.\n\n\nCertain statements in this press release constitute forward-looking\nstatements. Such forward-looking statements involve known and unknown risks,\nuncertainties and other factors which may cause the actual results,\nperformance and achievements of the Company to be materially different from\nany future results, performance or achievements expressed or implied by such\nforward-looking statements. Such factors include, among others, competition\nand te...