Shareholders have voted to sell Canada’s oldest farmer-owned inland grain terminal, the Weyburn Inland Terminal to Parrish & Heimbecker for $94.6 million. Just under 80% of the shareholders voted in favor of the sale which will see 5.48 million shares be sold at $17.25 per share. Upon shareholder approval, the deal will go before a Saskatchewan Court of Queen’s Bench judge on March 5th and the sale could be completed as soon as March 10th.
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