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Norbord and Ainsworth Complete Merger
2015-04-06 12:31:08| Industrial Newsroom - All News for Today
TORONTO and VANCOUVER, Norbord Inc. ("Norbord") (TSX: NBD) and Ainsworth Lumber Co. Ltd. ("Ainsworth") today announced the completion of their merger. Under the terms of the transaction, Norbord acquired all of the outstanding common shares of Ainsworth in an all-share transaction and Ainsworth shareholders...
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Norbord and Ainsworth Shareholders Approve Proposed Merger
2015-01-28 03:12:18| Air Courier - Topix.net
Ltd. today announced that at special meetings held by each company earlier today, Norbord shareholders and Ainsworth shareholders and optionholders approved the previously announced proposed combination of Norbord and Ainsworth by way of a plan of arrangement. The transaction was approved by approximately 99.46% of the votes cast by all of the Norbord shareholders eligible to vote at the Norbord meeting and approximately 98.45% of the votes cast by minority shareholders of Norbord.
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Norbord and Ainsworth to Merge to Create Global OSB Leader
2014-12-08 13:44:50| Air Courier - Topix.net
Ltd. today announced that they have signed a definitive agreement under which they will merge to create a leading global wood products company focused on oriented strand board across The combination of Norbord and Ainsworth will create one of the largest and lowest-cost OSB producers globally, with a portfolio of high-quality assets that produce a wide range of products for residential, industrial and specialty applications. The transaction is a compelling strategic fit and offers shareholders, customers, employees and other stakeholders of both companies a significant opportunity owing to the highly complementary nature of the respective operations.
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