Transat Mails Circular To Shareholders With Details On AC Deal

Bruce Parkinson, Open Jaw

Transat A.T. Inc. has mailed its shareholders a management proxy solicitation circular in connection with the special meeting of shareholders to be held on 23AUG, where shareholders will vote on the proposed merger deal with Air Canada.

The circular contains information regarding the transaction and how shareholders can vote at the meeting. It also offers background on the deal, including and the reasons that led the board of directors to unanimously determine that the transaction is in the best interests of Transat and its stakeholders, approve the arrangement agreement and recommend that Transat shareholders vote in favour.

Shareholders of record at the close of business on 17JUL, 2019 will be entitled to vote at the meeting in accordance with the voting rights corresponding to their shares.

A copy of the TS/AC ‘arrangement agreement’ has been filed with Canadian securities regulatory authorities and may be found under the Corporation's profile on SEDAR at www.sedar.com

Transat has retained Kingsdale Advisors to act as proxy solicitation agent and to answer information requests from shareholders. Communications with Kingsdale Advisors may be made by e-mail at contactus@kingsdaleadvisors.com or by phone at toll free at 1-888-518-1552 or collect call outside North America at 416-867-2272.

Bruce Parkinson

Bruce Parkinson Editor-in-Chief

An observer and analyst of the Canadian and international travel industries for over 25 years, Bruce uses the pre-dawn hours to prepare a daily news and information package to keep industry members up to date.



Leave a Comment...


(will not be published)