IMAX Corporation Responds to Results of Shareholder Vote on IMAX China Privatization Transaction
- Written by PR Newswire
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Despite 70% of Shareholders Voting "FOR", Proposed Transaction Does Not Meet the Necessary Threshold for Approval
NEW YORK, Oct. 10, 2023 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today confirmed that the Company's proposal to acquire IMAX China's outstanding 96.3 million shares will not proceed following a vote by IMAX China shareholders.
At...