# Cervus shareholders approve acquisition by Brandt Tractor Ltd.

Cervus Equipment Corporation shareholders approved the plan of arrangement for Brandt Tractor Ltd. to acquire all outstanding Cervus shares for $19.50 per share in cash. The transaction is expected to close in mid-to-late October 2021.

- Type: Acquisition
- Announced: 2021-10-12
- Where: Canada
- Status: announced
- Products: equipment solutions for agriculture, construction, and transportation
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Brandt Tractor](https://endata.com/companies/48562.md) (acquirer)
- [Cervus Equipment Corporation](https://endata.com/companies/57135.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/cervus-shareholders-approve-plan-of-arrangement-832693068.html), 2021-10-13: "Cervus shareholders approved the special resolution approving the previously announced plan of arrangement involving Cervus, Brandt Tractor Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.