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TimberWest Forest Corp. has announced that its 60-day “go-shop” solicitation process has not yielded a superior proposal, indicating that the proposed acquisition of the Company by two leading Canadian pension funds will deliver maximum value to unitholders. The Company also announced that leading independent proxy advisory firms ISS Governance Services and Glass Lewis & Co., [...]
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TimberWest's “go-shop” process has not resulted in a superior proposal
Tue 07 Jun 2011 10:00:03 AM EDTTimberWest Forest Corp. has announced that its 60-day “go-shop” solicitation process has not yielded a superior proposal, indicating that the proposed acquisition of the Company by two leading Canadian pension funds will deliver maximum value to unitholders. The Company also announced that leading independent proxy advisory firms ISS Governance Services and Glass Lewis & Co., [...]
Posted by ForestTalk.com
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