Park Lawn (TSE:PLC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Park Lawn Corporation shareholders have overwhelmingly approved a privatization plan at a special meeting, with the company’s common shares set to be acquired by Viridian Acquisition Inc. for $26.50 each. The expected effective date for the arrangement is on or about August 9, 2024, pending a final court order and other customary closing conditions. Following the completion of the deal, Park Lawn’s shares and debentures will be delisted from the Toronto Stock Exchange.
For further insights into TSE:PLC stock, check out TipRanks’ Stock Analysis page.
