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Data Group Inc announces the completion of an internal reorganization and name change


Wednesday, 1 Jan 2014 07:02am EST 

Data Group Ltd (formerly Data Group Inc):Says it has completed an internal reorganization that simplifies DATA Group's corporate structure.Says pursuant to the internal reorganization, DATA Group Inc. amalgamated with its Canadian subsidiaries to form a new corporation called DATA Group Ltd.Says the amalgamation became effective on Jan. 1, 2014.Says pursuant to the amalgamation, all of the issued and outstanding shares of DATA Group Inc.'s Canadian subsidiaries were cancelled and the assets and liabilities of the amalgamating corporations became the assets and liabilities of DATA Group Ltd.Says reorganization will not have any significant effect on the business and operations of DATA Group Inc. and its subsidiaries, which will now be carried on by DATA Group Ltd.Says the common shares of DATA Group Ltd. will trade under the symbol DGI.Says the convertible debentures of the amalgamated corporation will trade under the symbol DGI.DB.A. 

Company Quote

0.435
-0.0050 -1.14%
24 Dec 2014