DAILY NEWS Dec 2, 2009 8:26 AM - 0 comments

COMPETITION WATCH: Contrans completes conversion to corporation

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WOODSTOCK, Ont. -- Contrans Income Fund has completed its conversion from an income trust to a corporate entity, Contrans Group Inc.

 

"Operating under a corporate structure will provide us with additional financial flexibility regarding the growth and retention of capital and better position Contrans to facilitate its future growth plans," said Stanley Dunford, chairman and CEO.

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