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- Under the terms of the agreement, Poseidon will acquire all outstanding common shares of Atlas not owned by Fairfax, Washington and Mr. Sokol for $15.50 per share in cash. Fairfax, Washington and Mr. Sokol currently own approximately 68% of the outstanding common shares.
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What happened to Atlas shares after the merger?
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Mar 28, 2023 · In connection with the consummation of the Merger, the Company requested that trading of the common shares on the New York Stock Exchange (the "NYSE") be suspended with immediate effect (the "delisting"). Atlas preferred shares will remain outstanding and continue to trade on the NYSE.
- Atlas Corp. to be Acquired by Poseidon Acquisition Corp. for ...
The transaction is expected to close in the first half of...
- Atlas Shareholders Approve Merger with Poseidon Acquisition ...
In the merger, holders of the Company's common shares will...
- Atlas Corp. to be Acquired by Poseidon Acquisition Corp. for ...
Nov 1, 2022 · The transaction is expected to close in the first half of 2023, subject to approval by holders of a majority of Atlas common shares not owned by Poseidon and its affiliates and certain closing conditions, including receipt of regulatory approvals and third-party consents.
Feb 24, 2023 · In the merger, holders of the Company's common shares will receive $15.50 in cash in exchange for each common share they own. Additionally, at the Annual Meeting, the Company's common shareholders voted to re-elect all eight of the Company's current directors and ratify the appointment of KPMG LLP as the Company's independent auditors.
Mar 28, 2023 · The merger agreement, dated October 31, 2022, saw Poseidon acquire all outstanding Atlas common shares not held by Fairfax, Washington, or Sokol. Each common share was converted into the...
In connection with the consummation of the Merger, the trading of Atlas’ common shares on the New York Stock Exchange (the “NYSE”) was suspended on March 28, 2023. Atlas’ common shares were subsequently delisted from the NYSE on April 10, 2023.
Mar 28, 2023 · In addition, as previously announced, the first quarter dividend of $0.125 per share payable to common shareholders of record as of March 20, 2023 will be paid on March 31, 2023.
Feb 24, 2023 · The Company continues to expect that the merger will be completed in the first half of 2023, and based upon the current status of regulatory approvals, consents and other customary closing ...
