Canfor to Become a Privately Held Company

In a news release, Canfor Corp., announced (subject to shareholder approval)  that an agreement has been struck for Jim Pattison’s, Great Pacific Capital Corp, to acquire all of the Canfor shares it does not already own for a cash consideration of $16 per Canfor share.  Great Pacific currently owns 51% of Canfor, a public company.

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Original Source:
Canfor backs Jim Pattison's billion dollar takeover bid