Roots同意Marquee Brands以每股4.10加元的现金收购交易

2026-08-21 05:46

Roots (ROOT) announced on Thursday that it agreed to be acquired by Marquee Brands and JM&A Design and Development.
The shareholders will receive C$4.10 per share in cash, a 36% premium to the March 2 closing price.
The deal follows Roots’ strategic review launched in March 2026 and received unanimous support from the company’s board.
JM&A will continue to operate Roots from Canada, including its more than 100 North American stores, while Marquee Brands will focus on global expansion and brand development.
The shareholders representing about 69% of voting rights have agreed to support the transaction.
The company expects to hold a special shareholder meeting in October 2026, with the transaction targeted to close in Q4 2026, subject to required approvals.
Following the deal, Roots will be delisted from the TSX and will cease to be a Canadian reporting issuer.
Source: Press Release

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