Clairvest Voluntarily Dismissed Litigation Against Accel Entertainment
TPG PACE HOLDINGS CORP (TPGH)
US:NYSE Investor Relations:
tpg.com/platforms/paceholdings
Company Research
Source: Business Wire
CHICAGO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Pace Holdings Corp. (“TPG Pace”) (NYSE: TPGH, TPGH.U, TPGH.WS), a special-purpose acquisition company sponsored by an affiliate of TPG, and Accel Entertainment, Inc. (“Accel”), which TPG Pace is under a definitive agreement to acquire, today announced that Clairvest Group Inc. (TSX: CVG) and Clairvest Equity Partners V (collectively, “Clairvest”) have voluntarily dismissed the lawsuit they filed in the Circuit Court of Cook County, Illinois (Chancery Division) against Accel and certain shareholders of Accel, without any consideration.As announced on June 13, 2019, following TPG Pace’s proposed acquisition of Accel, the combined company will retain the Accel Entertainment name and will be a publicly listed company following the close of the transaction which is expected to occur in November of 2019. The transaction will be effected pursuant to the Transaction Agreement entered into by and among TPG Pace Holdings and the shareholders
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