mdf commerce inc. (TSE:MDF) has released an update.
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Shareholders of mdf commerce inc., a leader in SaaS digital commerce technologies, have overwhelmingly approved a ‘going private’ transaction with KKR, a global investment firm. An impressive 99.13% of votes were cast in favor of the acquisition, which will result in shareholders receiving $5.80 in cash per share. The completion of the deal is subject to court approval and other closing conditions, with a finalization date expected around May 17, 2024.
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