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Domtar Corporation has announced that it has sold its 48,070,712 common shares of EACOM Timber Corporation by way of a block trade through Canaccord Genuity Corporation for CDN$0.51 per common share for a net proceed of CDN$24,035,356 on December 15, 2010. This sale includes all of Domtar Inc.’s 11.74% ownership interest in EACOM common shares. [...]
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Domtar sells ownership interest in EACOM Timber
Fri 17 Dec 2010 12:00:03 AM ESTDomtar Corporation has announced that it has sold its 48,070,712 common shares of EACOM Timber Corporation by way of a block trade through Canaccord Genuity Corporation for CDN$0.51 per common share for a net proceed of CDN$24,035,356 on December 15, 2010. This sale includes all of Domtar Inc.’s 11.74% ownership interest in EACOM common shares. [...]
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