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CS - Strad executive team taking firm private for $130MM - March 2020
Strad Inc. is being taken private by a company formed by members of its executive team. According to a Feb. 22 announcement, 2238399 Alberta Ltd. will acquire all of the issued and outstanding Class A shares of Strad in a deal valued at $130 million excluding assumed debt. The acquiring entity was formed by Strad director Lyle Wood, president and CEO Andrew Pernal, CFO Michael Donavan and COO Shane Hopkie. Collectively, these executives, along......
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