Financial Personal
Western Investment Company Secures 59% of Fortress Insurance Shares to Satisfy Key Condition of Proposed Transaction
The Total Shares Held or Secured Through Purchase Agreements Now Represents 59% of the Shares Outstanding in Fortress Insurance and Exceeds the 51% Minimum Required to Complete the Transaction Western Continues to Work Towards Securing the Maximum Nu
CALGARY, Alberta, May 06, 2024 (GLOBE NEWSWIRE) -- The Western Investment Company of Canada Limited (TSXV: WI) ("Western" or the "Corporation") today announced that, in connection with the proposed transaction previously announced on March 22, 2024 (the “Transaction”), it has secured the minimum required shares in Fortress Insurance Company ("Fortress") for the Transaction to proceed. Read More
