Park Lawn Announces Mailing of Meeting Materials and Interim Order for Going Private Transaction

Park Lawn Corporation (TSX:PLC)(TSX:PLC.U) has mailed its meeting materials to shareholders regarding a special meeting scheduled for July 29, 2024. The materials include a notice of meeting, management circular, proxy form, and letter of transmittal.

The meeting will address a plan of arrangement involving Viridian Acquisition Inc., which aims to acquire all of Park Lawn's shares at $26.50 per share. Approval requires a two-thirds majority vote from shareholders.

The Ontario Superior Court of Justice has granted an interim order for the meeting. Completion is pending shareholder approval and regulatory consent.

The company's board recommends that shareholders vote in favor of the arrangement. Votes should be cast before 10:00 a.m. on July 25, 2024. For assistance, shareholders can contact Carson Proxy Advisors Ltd.