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Jump to full article: Canada Newswire (CNW) (ca), 2008-09-05
Author: ROTHMANS INC.
Intro: Philip Morris International Inc. (NYSE /
Euronext Paris: PM) announced today that it has extended the expiry of its CAD
$30.00 per share cash offer to purchase all of the outstanding common shares
of Rothmans Inc. (Rothmans).
The extension is procedural, being related to the last remaining
regulatory approval required for the transaction, namely a determination of
net benefit by the Minister of Industry pursuant to the Investment Canada Act.
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