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Stock impact report

Dominion Diamond Corporation Announces Completion of Plan of Arrangement

DDC Enterprise Limited (DDC) 
Company Research Source: Business Wire
CALGARY, Alberta & MISSOULA, Mont.--(BUSINESS WIRE)-- Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (“Dominion” or the “Company”) and The Washington Companies (“Washington”), a group of privately held North American mining, industrial and transportation businesses founded by industrialist and entrepreneur Dennis R. Washington, today announced the completion of the previously-announced plan of arrangement (the “Arrangement”) pursuant to which Northwest Acquisitions ULC, an entity affiliated with Washington, acquired all of the issued and outstanding common shares of the Company for US$14.25 per share in cash. This press release features multimedia. View the full release here:http://www.businesswire.com/news/home/20171101006201/en/ Dominion will operate as a standalone, private company. Patrick Evans has been appointed Chief Executive Officer, effective immediately. The Dominion Board of Directors has been Show less Read more
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