(Reuters) - According to Legacy, the price of C$12.60 a unit represents
a 20 percent premium over its 30-day average price on the
Toronto Stock Exchange before it said on March 1 that it was
considering a sale of the business.
Legacy, the owner famed hotels such as the Fairmont Royal
York in Toronto and Quebec City's Chateau Frontenac, said its
trustees have unanimously approved the deal and recommended
that unitholders tender to the offer.
Read more at Reuters.com Mergers News
a 20 percent premium over its 30-day average price on the
Toronto Stock Exchange before it said on March 1 that it was
considering a sale of the business.
Legacy, the owner famed hotels such as the Fairmont Royal
York in Toronto and Quebec City's Chateau Frontenac, said its
trustees have unanimously approved the deal and recommended
that unitholders tender to the offer.
Read more at Reuters.com Mergers News
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