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Stock impact report

Shareholders of Teekay Tankers and Tanker Investments Approve Proposals to Permit Merger [Canadian Business Journal (Canada)]

Teekay Tankers Ltd. (TNK) 
Last teekay tankers ltd. earnings: 2/27 02:00 am Check Earnings Report
US:NYSE Investor Relations: teekay.com/investors/teekay-tankers-ltd
Shareholders of Teekay Tankers and Tanker Investments Approve Proposals to Permit Merger HAMILTON, Bermuda, Nov. 17, 2017 (GLOBE NEWSWIRE) — Teekay Tankers Ltd. ( Teekay Tankers or the Company ) (NYSE: TNK ) today announced that its shareholders voted to approve the Company’s charter amendment to allow Teekay Tankers to effect the previously announced merger with Tanker Investments Ltd. ( TIL ) (OSE: TIL ).  Concurrently, TIL today also announced that its shareholders voted to approve the Agreement and Plan of Merger with Teekay Tankers. The merger has also been approved by the Board of Directors of both companies. Subject to the completion of the remaining closing conditions, the companies expect the merger to close on or about November 27, 2017. Upon the closing of the merger, TIL will become a wholly-owned subsidiary of Teekay Tankers. About Teekay Tankers Ltd. Teekay Tankers currently owns a fleet of 35 double-hull tankers, including 16 Sue Show less Read more
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