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Proxy Firms Endorse Softchoice’s Arrangement with World Wide Technology

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Proxy Firms Endorse Softchoice’s Arrangement with World Wide Technology

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Softchoice Corporation ( (TSE:SFTC) ) has provided an announcement.

Softchoice Corporation has announced that leading proxy advisory firms recommend shareholders vote for the proposed arrangement with World Wide Technology. The arrangement involves the acquisition of all outstanding common shares by an affiliate of World Wide Technology for $24.50 per share, offering shareholders immediate cash value. The necessary regulatory approvals have been obtained, and the final decision awaits shareholder approval and a court order.

More about Softchoice Corporation

Softchoice Corporation is a technology company primarily involved in providing IT solutions and services, focusing on optimizing and managing technology environments for businesses.

YTD Price Performance: 0.95%

Average Trading Volume: 86,740

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$1.47B

For a thorough assessment of SFTC stock, go to TipRanks’ Stock Analysis page.

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