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Supremex Inc Receives Non-Binding Acquisition Proposal From Clarke Inc


Monday, 25 Mar 2013 09:31am EDT 

Supremex Inc announced that it has received from its principal shareholder, Clarke Inc., a non-binding proposal to acquire all of the outstanding shares of Supremex that it does not already own at a price of $1.20 in cash per share. Clarke currently holds approximately 45.2% of the issued and outstanding shares of Supremex. Clarke's proposal is only an expression of interest and does not constitute a binding offer to acquire shares of Supremex. There is no assurance that the proposal will result in such a binding offer being made to shareholders of Supremex or that the transaction contemplated by the proposal, or any other transaction, will be completed. The transaction would be subject to shareholder and regulatory approvals and other conditions usual for a transaction of this type. 

Company Quote

2.77
0.0 +0.00%
19 Sep 2014