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SiriusXM Canada Says Slaight, CBC Agree To Take Cash Only In Privatization Deal
SiriusXM Canada Says Slaight, CBC Agree To Take Cash Only In Privatization Deal
SIRIUS XM CANADA HOLDINGS, INC. continues to push its plan to go private with an announcement that two major shareholders say they'll vote to approve the transaction and will take only cash consideration as the company proceeds with the recapitalization plan.  The company says that SLAIGHT COMMUNICATIONS and the CBC, which together own about 22.5% of the company's shares, will vote in favor of the plan at the upcoming shareholders' meeting and will take cash, increasing the percentage ...
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