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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.”. ....
Rocky Mountain Dealerships shareholders approve go-private deal by The Canadian Press Last Updated Dec 17, 2020 at 7:12 pm EDT CALGARY Rocky Mountain Dealerships Inc. says shareholders have voted in favour of a deal to take the company private. The company says 72.3 per cent of shareholder votes in a virtual meeting were in favour of the deal to allow a numbered company to buy outstanding shares for $7.41 apiece. The deal with the private company, which is controlled by chairman Matthew Campbell and CEO Garrett Ganden, values Rocky Mountain Dealerships at $144 million or $195 million including debt net of cash and lease obligations, and excluding floor plan payables. ....
December 17, 2020 - 3:57 PM CALGARY - Rocky Mountain Dealerships Inc. says shareholders have voted in favour of a deal to take the company private. The company says 72.3 per cent of shareholder votes in a virtual meeting were in favour of the deal to allow a numbered company to buy outstanding shares for $7.41 apiece. The deal with the private company, which is controlled by chairman Matthew Campbell and CEO Garrett Ganden, values Rocky Mountain Dealerships at $144 million â or $195 million including debt net of cash and lease obligations, and excluding floor plan payables. The Calgary-based company says it is the largest farm equipment dealer in Canada with 36 locations in Alberta, Saskatchewan and Manitoba. ....
Rocky Mountain Dealerships Inc.: Rocky Mountain Announces Results of Special Meeting: Shareholders Approve Proposed Arrangement with 2223890 Alberta Ltd. RME or the Company ) is pleased to announce that, at the special meeting of shareholders of the Company held earlier today (the Meeting ), the shareholders of the Company voted in favour of a special resolution to approve the proposed arrangement (the Arrangement ) involving the Company and 2223980 Alberta Ltd., as further described in the press release issued by the Company on November 2, 2020. The Arrangement required approval by 662/3% of the votes cast by shareholders present in person (virtually) or represented by proxy at the Meeting. ....