The Western Investment Company of Canada Ltd (TSE:WI) has released an update.
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The Western Investment Company of Canada Ltd has announced an upcoming Annual General and Special Meeting on August 8, 2024, where shareholders will vote on transforming the company into an insurance and investment holding entity by acquiring nearly all of Fortress Insurance. The transaction, endorsed by key partner SM2 Capital Partners, requires shareholder approval and could significantly reshape the company’s structure. Shareholders are encouraged to vote in advance and participate in the crucial meeting that will also likely appoint Paul Rivett as the new President and CEO, steering the expanded company’s future.
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