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On December 22, 2020, Rocky Mountain Equipment Alberta Ltd.
(formerly Rocky Mountain Dealerships Inc.) ( RME ) (TSX:
RME) announced the completion of its previously announced
acquisition by 2223890 Alberta Ltd. ( AcquireCo ), which
was implemented through a Court-approved plan of arrangement (the Arrangement ) under the Business Corporations Act
(Alberta). Under the Arrangement, AcquireCo acquired all of the
issued and outstanding common shares of RME (the RME
Shares ), other than certain shares held by interested
parties, in exchange for $7.41 in cash for each such RME Share. As
a result of the Arrangement, RME, AcquireCo and two of RME s
CALGARY, Alberta, Dec. 22, 2020 (GLOBE NEWSWIRE) Rocky Mountain Equipment Alberta Ltd. (formerly Rocky Mountain Dealerships Inc.) (“
RME” or the “
Company”) (TSX: RME) is pleased to announce the completion of its previously announced acquisition by 2223890 Alberta Ltd. (“
AcquireCo”), which was implemented through a Court-approved plan of arrangement (the “
Arrangement”) under the
Business Corporations Act (Alberta). Under the Arrangement, AcquireCo acquired all of the issued and outstanding common shares of RME (the “
RME Shares”), other than certain shares held by interested parties, in exchange for $7.41 in cash for each such RME Share. As a result of the Arrangement, RME, AcquireCo and two of RME’s wholly-owned subsidiaries amalgamated to become “Rocky Mountain Equipment Alberta Ltd.”.