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ANDLAUER HEALTHCARE GROUP OBTAINS SHAREHOLDER APPROVAL FOR SALE TO UPS
Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today announced that at its special meeting of shareholders held earlier today (the "Meeting"), holders (the "Shareholders") of the Company's subordinate voting shares and multiple voting shares (collectively, the "Shares") voted overwhelmingly in favour of the special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement pursuant to which an affiliate of UPS (NYSE: UPS) will acquire all
About this update from United Parcel Service, Inc.
[{"type":"text","content":"TORONTO, June 24, 2025 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today announced that at its special meeting of shareholders held earlier today (the "Meeting"), holders (the "Shareholders") of the Company's subordinate voting shares and multiple voting shares (collectively, the "Shares") voted overwhelmingly in favour of the special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement pursuant to which an affiliate of UPS (NYSE: UPS) will acquire all of the issued and outstanding Shares for C$55.00 per Share in cash (the "Arrangement"), as more fully described in the Company's management information circular dated May 20, 2025.","length":790,"tagName":"p"},{"type":"text","content":"The Arrangement Resolution required approval of at least two-thirds (66 ⅔%) of the votes cast by holders of the Company's subordinate voting shares and multiple voting shares, voting together as a single class, present in person (virtually) or represented by proxy at the Meeting. The following is a summary of the votes cast at the Meeting (including votes by proxy and virtually at the Meeting) by Shareholders on the Arrangement Resolution:","length":447,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"2","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:MIDDLE;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Votes For","length":9,"tagName":"p","attribs":{}}]},{"colspan":"2","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:MIDDLE;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Votes Against","length":13,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:MIDDLE;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Number","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:MIDDLE;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"%","length":1,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:MIDDLE;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Number","length...