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Givex Prepares for Shareholder Vote on Shift4 Acquisition
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Givex Prepares for Shareholder Vote on Shift4 Acquisition

Story Highlights
  • Givex is gearing up for a shareholder meeting to approve its acquisition by Shift4 Payments.
  • The board has recommended unanimous approval of the $1.50 per share cash acquisition.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Givex Information Technology Group (TSE:GIVX) has released an update.

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Givex Information Technology Group is poised for a significant change as it has initiated the process for a special shareholders meeting to approve a cash acquisition by Shift4 Payments, Inc. at $1.50 per share. The company has dispatched the necessary meeting materials to eligible shareholders, who are advised to review them thoroughly before the meeting scheduled for November 1, 2024. The board of directors has unanimously recommended shareholders to vote in favor of the acquisition, which is contingent on meeting certain conditions including court and shareholder approvals.

For further insights into TSE:GIVX stock, check out TipRanks’ Stock Analysis page.

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