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Polaris Materials securityholders overwhelmingly approved the plan of arrangement for U.S. Concrete to acquire all outstanding common shares of Polaris for C$3.40 per share. The transaction is expected to close on or about November 17, 2017.
“Polaris Securityholders voted overwhelmingly in favour of the proposed plan of arrangement pursuant to which U.S. Concrete, via a wholly owned subsidiary, will acquire all of the issued and outstanding common shares of Polaris.”newswire.ca
Summarized from public sources; check the original articles before acting on it.