(Reuters) - CALGARY, Alberta, June 29 - CCS Income Trust's
founder and a private equity group launched a bid on
Friday to buy out the oil field and industrial waste handler
for C$3.5 billion , saying they see more value in
its prospects than the public market ascribes.
Calgary-based CCS said the group will offer unitholders
C$46 a trust unit in the going-private transaction, a 21.4
percent premium to Thursday's closing price on the Toronto
Stock Exchange.
Read more at Reuters.com Bonds News
founder and a private equity group launched a bid on
Friday to buy out the oil field and industrial waste handler
for C$3.5 billion , saying they see more value in
its prospects than the public market ascribes.
Calgary-based CCS said the group will offer unitholders
C$46 a trust unit in the going-private transaction, a 21.4
percent premium to Thursday's closing price on the Toronto
Stock Exchange.
Read more at Reuters.com Bonds News
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