Court Grants Final Order to Softchoice Corporation Approving Arrangement with World Wide Technology
TORONTO–(BUSINESS WIRE)–Softchoice Corporation (“Softchoice”) (TSX:SFTC) announced that the Ontario Superior Court of Justice has issued a final order approving the previously announced plan of arrangement involving Softchoice, World Wide Technology Holding Co., LLC (“WWT”), and 2672989 Alberta ULC (the “Purchaser”), an affiliate of WWT. The arrangement involves the Purchaser acquiring all issued and outstanding common shares of Softchoice.
Subject to satisfying or waiving the remaining conditions to closing, the arrangement is expected to be completed by March 13, 2025. Shareholders with questions about submitting their shares can contact TSX Trust Company at 1-866-600-5869 or tsxtis@tmx.com.
About Softchoice Corporation
Softchoice (TSX: SFTC) is a software and cloud-focused IT solutions provider helping organizations be agile and innovative. They deliver AI-powered cloud and digital workplace solutions supported by advanced software asset management. The company is certified as a Great Place to Work® in Canada and the United States.
Forward-Looking Information
This press release contains forward-looking information regarding the arrangement’s closing conditions and timing. These statements are based on management’s beliefs and available information. Actual results may differ due to risks and uncertainties, including failure to satisfy closing conditions and general economic conditions. Investors are cautioned against relying on this forward-looking information.
