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Stock impact report

Textainer Closes Acquisition by Stonepeak and Announces Post-Acquisition Redemption of All Preference Shares and Related Depositary Shares [Yahoo! Finance]

Textainer Group Holdings Limited Common Shares (TGH) 
Last textainer group holdings limited common shares earnings: 10/31 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.textainer.com/investor-overview
Company Research Source: Yahoo! Finance
the world's largest lessors of intermodal containers, today announced that it completed the previously announced acquisition of Textainer by investment vehicles managed by Stonepeak. All common shares of Textainer converted into the right to receive $50.00 per share in cash. The per share consideration paid to shareholders on the JSE will be in South African Rand at an exchange rate of 18.98821 Rand for each USD 1.00. The common shares, which trade on the New York Stock Exchange (the “ NYSE ”) under the ticker symbol “TGH”, were suspended from trading today prior to the open of market and will be delisted from the NYSE within 10 days. In addition, Textainer intends to file a certification on Form 15F with the SEC requesting the termination of registration of the common shares under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”) and the suspension of Textainer's reporting obligations under Section 13 of the Exchange Act with respect to the c Show less Read more
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