Assante Corp. has released details of the Plan of Arrangement between Assante and CI Fund Management Inc.

The document pertains to an agreement announced August 22, that would see Assante sell its Canadian operation, Assante Canada, to CI for a combination of cash and shares.

In connection with the sale, Assante will spin-off its U.S. operation to shareholders by way of a return of capital, and CI will purchase the shares of Assante Corp. following the spin-off.

The documents are available on the Assante Web site.