Tricon Residential Inc. (TSE:TCN) has released an update.
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Tricon Residential Inc. has received endorsements from proxy advisory firms ISS and Glass Lewis for its shareholders to approve a cash acquisition deal by Blackstone Real Estate for $11.25 per share. Shareholders are urged to cast their votes in favor of the transaction ahead of the March 26, 2024, deadline, with the special meeting scheduled for March 28. The Board of Directors unanimously supports the arrangement, emphasizing the importance of shareholder votes in this significant decision.
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