Maple and TMX extend offer (again)

Maple Group Acquisition Corporation and TMX Group are extending Maple’s offer to acquire between 70% and 80% of TMX’s shares to July 31, 2012.

The offer is part of an integrated acquisition transaction, valued at approximately $3.8 billion, to acquire 100% of TMX Group shares. The TMX Group board has recommended shareholders accept and tender their shares under the offer.

Maple expects to take up the shares on July 31, 2012, and is also in the process of completing the proposed acquisitions of Alpha, as well as the acquisition of the Canadian Depository for Securities.

Check out the details of Maple’s offer.

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