Loring Ward International Ltd. – Investment Executive

Acquisition of Loring Ward approaching its end

Jean-Marc Jutras — Fri, 23 Jan 2009 20:44:00 +0000

Shareholders overwhelmingly approve sale of firm to Werba Reinhard

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Loring Ward completes sale

noelja — Fri, 23 Jan 2009 16:40:00 +0000

Loring Ward International Ltd. has successfully successful completion the sale of the company to Werba Reinhard Inc., the company announced Friday.Through the previously announced plan of arrangement, Werba Reinhard Holdings Ltd., a subsidiary of Werba Reinhard Inc., acquired all of the outstanding shares of the Loring Ward for a cash purchase price of U.S.$11.25 per […]

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Court approves Loring Ward sale to Werba Reinhard

noelja — Wed, 07 Jan 2009 19:15:00 +0000

The Ontario Superior Court of Justice on Wendesday issued the final order in respect of the proposed sale of Loring Ward International Ltd. to Werba Reinhard Holdings Ltd., a subsidiary of Werba Reinhard, Inc.As announced earlier this week, at a special meeting held on Jan. 5, shareholders approved the transaction which will result in shareholders […]

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Shareholders approve sale of Loring Ward

noelja — Mon, 05 Jan 2009 18:15:00 +0000

Deal expected to close on Jan. 30

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Loring Ward to be acquired by Werba Reinhard

noelja — Thu, 13 Nov 2008 15:40:00 +0000

Cash deal valued at US$11.25 a share

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Loring Ward calls off sale to Werba Reinhard

noelja — Fri, 31 Oct 2008 17:30:00 +0000

Loring Ward International Ltd. announced Friday the termination of the pending sale of the company to Werba Reinhard, Inc.Werba Reinhard was to acquire all of the outstanding shares of Loring Ward for US$18 a share in cash.One of the closing conditions of the transaction required that Loring Ward’s AUM/AUA not have declined by more than […]

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Financial turmoil may derail deal for Loring Ward

noelja — Tue, 28 Oct 2008 17:10:00 +0000

Sale may not be completed due to decline in AUM, company says

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Loring Ward to be acquired by Werba Reinhard

noelja — Wed, 30 Jul 2008 20:15:00 +0000

Financial advisory firm Loring Ward International Ltd. today announced that it has agreed to be acquired by Werba Reinhard, Inc. for US$18 a share.Werba Reinhard is controlled by Loring Ward’s largest shareholder, Eli Reinhard, and Alan Werba, one of Loring Ward’s largest investment advisor clientsUnder the agreement, an affiliate of Werba Reinhard will acquire all […]

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Werba Reinhard places new bid for Loring Ward

noelja — Fri, 18 Jul 2008 17:55:00 +0000

Werba Reinhard Holdings has raised its bid for Loring Ward International Ltd., offering US$18 a share for the financial advisory firm.Today’s bid bid follows Loring Ward’s recommendation Tuesday that shareholders accept an offer of US$17.35 a share from Friedman Fleischer and Lowe.That bid, valuing Loring Ward at US$134 million, topped an earlier offer from Werba […]

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Bid to take over Loring Ward dropped

noelja — Fri, 14 Mar 2008 18:30:00 +0000

A shareholder’s bid to take over Loring Ward International has been scrapped, as Werba Reinhard Holdings has withdrawn its offer.The board of Loring Ward had recommended other shareholders reject the offer, saying it was simply too low. The company says it will still entertain offers from other interested parties, while inviting Werba Reinhard to submit […]

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