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Transat A.T. Inc. Announces the Mailing of its Circular in Connection with the Special Meeting of Shareholders to Approve the Plan of Arrangement with Air Canada
Transat A.T. Inc. Announces the Mailing of its Circular in Connection with the Special Me...
About this update from Transat A.t. Inc.
[{"type":"text","content":"\n \n \n \n Transat A.T. Inc. Announces the Mailing of its Circular in Connection with the Special Meeting of Shareholders to Approve the Plan of Arrangement with Air Canada\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n MONTREAL, Nov. 14, 2020\n \n \n \n \n \n MONTREAL\n \n ,\n \n Nov. 14, 2020\n \n /CNW Telbec/ - Transat A.T. Inc. (\"\n \n Transat\n \n \" or the \"\n \n Corporation\n \n \"), announces the mailing to its shareholders of its management proxy solicitation circular (the \"\n \n Circular\n \n \") and related proxy materials in connection with the special meeting of shareholders to be held at 10:00 a.m. on\n \n December 15, 2020\n \n in a virtual only format at\n \n https://web.lumiagm.com/481453964\n \n , in accordance with the terms of an interim order of the Québec Superior Court obtained on November 10, 2020. A copy of the Circular has been filed with Canadian securities regulatory authorities and may be found under the Corporation's profile on SEDAR at\n \n www.sedar.com\n \n and on\n \n Transat's website\n \n .\n \n \n The purpose of the meeting is to obtain shareholder approval of the plan of arrangement with Air Canada pursuant to the arrangement agreement entered into between the Corporation and Air Canada on\n \n October 9, 2020\n \n and announced on\n \n October 10, 2020\n \n . A copy of the arrangement agreement has been filed with Canadian securities regulatory authorities and may be found under the Corporation's profile on SEDAR at\n \n www.sedar.com\n \n .\n \n \n The Circular contains important information regarding the revised arrangement agreement with Air Canada for the acquisition of all the issued and outstanding shares of Transat at a price of\n \n $5.00\n \n per share, payable at the holder's option either in cash or shares of Air Canada (which will be issued based on a reference price of\n \n $17.47\n \n for each Air Canada share), or a combination thereof (the \"\n \n Transaction\n \n \"). The Circular also explains how shareholders can vote at the meeting, the background that ...