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The latest announcement is out from Softchoice Corporation ( (TSE:SFTC) ).
Softchoice Corporation announced that its shareholders have overwhelmingly approved a plan of arrangement with World Wide Technology Holding Co., LLC, where an affiliate of WWT will acquire all outstanding shares of Softchoice at $24.50 per share in cash. This acquisition, pending court approval and other customary conditions, is expected to close by March 13, 2025, marking a significant strategic move for Softchoice, potentially enhancing its market position and providing value to its stakeholders.
More about Softchoice Corporation
Softchoice Corporation operates in the technology industry, providing IT solutions and services. The company focuses on delivering software, cloud, and IT infrastructure solutions to businesses, helping them optimize their technology environments.
YTD Price Performance: 1.28%
Average Trading Volume: 93,262
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.48B
Learn more about SFTC stock on TipRanks’ Stock Analysis page.