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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Directors Deals Ltd.
Provider: Thomson Reuters StreetEvents

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MCAN Mortgage Corp Updates On Acquisition Of Xceed Mortgage Corp

Friday, 21 Jun 2013 02:40pm EDT 

MCAN Mortgage Corp announced that further to the previously announced acquisition of all of the issued and outstanding common shares of Xceed Mortgage Corp (Xceed) by way of a statutory plan of arrangement (the Arrangement), the Company has received approval of the Arrangement from the Office of the Superintendent of Financial Institutions Canada. If all other conditions precedent to the Arrangement are satisfied or waived, the Company expects that the Arrangement will be completed on or before July 4, 2013. 

Company Quote

-0.08 -0.54%
21 Aug 2014