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COMPETITION WATCH: TransForce shareholders approve restructuring

MONTREAL, Que. -- TransForce shareholders have approved of a plan that will see the fund will ditch its income fund...


MONTREAL, Que. — TransForce shareholders have approved of a plan that will see the fund will ditch its income fund status.

By a vote of 84.2%, shareholders approved of the restructuring, which will see the company convert from TransForce Income Fund to TransForce Inc.

The Fund will apply to the Quebec Superior Court tomorrow to receive its final approval.


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