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CFS International Inc. Enters Into Amalgamation Agreement.

Publication: Business Wire
Publication Date: 01-DEC-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TORONTO -- CFS International Inc. (TSX VENTURE:CFY) announced that it has entered into an agreement to amalgamate with 1205160 Alberta Ltd. (Newco), a wholly-owned subsidiary of CFS' controlling shareholder, Ports International Enterprises Ltd. (PIEL), in order to proceed with the privatization proposal received from PIEL. Upon completion of the amalgamation, each outstanding common share of CFS, other than those held by Newco, would be...

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