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LOREX Technology Inc Receives Final Court Approval For Plan Of Arrangement With FLIR Systems Inc

Wednesday, 19 Dec 2012 02:23pm EST 

LOREX Technology Inc (LOREX) announced that it has obtained final court approval from the Ontario Superior Court of Justice (Commercial List) of the previously announced proposed plan of arrangement (the Arrangement), pursuant to which FLIR Systems Inc. will acquire all the issued and outstanding common shares of LOREX. The Arrangement was approved by LOREX's shareholders at the special meeting of shareholders held on December 13, 2012. The Arrangement is expected to close on December 20, 2012. Terms of the transaction were not disclosed. 

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