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· Business (Tobacco)
Organizations
· BAT
· Imasco
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Jump to full article: The Wall Street Journal Interactive Edition, 1999-09-27
Author: Dow Jones Newswires
Intro: Imasco Ltd. (T.IMS) said British American Tobacco p.l.c. (BTI) is mailing a proxy circular to its shareholders Monday relating to the proposed acquisition by BAT of the 58% of Imasco it doesn't already own.
In a news release, Imasco said the extraordinary general meeting of BAT shareholders to vote on the proposed acquisition will be held Oct. 15.
As reported, Imasco announced in early August a going-private agreement with BAT, under which BAT would offer at least C$40 a share for the remaining stake in Imasco.
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