Rocky Mountain Dealerships Inc.: Rocky Mountain Announces 6% Price Increase Under Go-Private Transaction to $7.41 per Share and Significant Voting Support Agreements
Increased offer price in excess of the mid-point of the independent formal valuation range
Revised offer receives unanimous support from the Special Committee and the Board
Voting support agreements from over 32% of outstanding shares in favour of the transaction, including from founder and long-time former Board member Derek Stimson
Shareholders are urged to vote before the December 15
th
RME or the
Company ) announces that 2223890 Alberta Ltd. (
AcquireCo ) has agreed to increase the cash purchase price for all of RME s issued and outstanding common shares (the