One-Page Deal Sheet
Western Energy Services Acquires IROC in Cash/Stock Deal
Western Energy Services Corp. Iroc Energy Services Corp.
Announced Date
April 22,2013
Close Date
April 22,2013
Transaction Type
Corporate
Location
Region
Canada
Country
Canada
Transaction Details: Subscribe to see
Western Energy Services Corp. and IROC Energy Services Corp. have reported the closing of the acquisition of IROC by Western.
Western acquired all of the outstanding securities of IROC by way of a plan of arrangement under the Canada Business Corporations Act. The Arrangement was approved at the special meeting of IROC Shareholders on April 19, 2013 by 99.6% of the votes cast by the IROC Shareholders, and 99.5% by way of a separate vote by the IROC Shareholders, after excluding those shares required to be excluded by Multilateral Instrument 61-101 - Protection of Minority Security Holders in…
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