[Headlines Only] [Top Stories Only]
Categories
· Business (Tobacco)
Organizations
· MO
· Rothmans B&H

Rothmans Inc. announces commencement of compulsory acquisition by Philip Morris International Inc. (PMI) 

Jump to full article: Canada Newswire (CNW) (ca), 2008-10-09
Author: ROTHMANS INC.

Intro:

Rothmans Inc. announced today that, since the offer by PMI was accepted by shareholders holding more than 90% of Rothmans Inc. common shares, PMI has exercised its rights under the compulsory acquisition provisions of the Canada Business Corporations Act to acquire all of the outstanding common shares of Rothmans Inc. not already owned by PMI at the price C$30.00 cash per share. Further details are provided in PMI's Notice of Compulsory Acquisition which is available on SEDAR at www.sedar.com under the SEDAR profile of Rothmans Inc. For further information: Barry Joslin, (416) 442-3634

Jump to full article »