CI Financial Income Fund says it is unable to meet the October target for the take-over bid circular for DundeeWealth Inc.
On September 26, CI announced its intention to make a take-over bid to acquire all of the common shares of DundeeWealth Inc. At that time, CI stated that it expected to be in a position to mail its take-over bid circular in October.
In a statement released today CI said “circumstances have changed and as such CI does not anticipate being able to proceed in accordance within the previously announced timeframe.”
CI unable to meet target for bid circular for DundeeWealth
- By: IE Staff
- October 28, 2007 October 28, 2007
- 13:50