Plenary Americas acquires Information Services Corporation
Analysis based on 7 articles · First reported Jun 01, 2026 · Last updated Jun 01, 2026
The acquisition of Information Services Group>>> by Plenary Americas>>> for CAD$1.2 billion will result in Information Services Group>>> being taken private, leading to its delisting from the Toronto Stock Exchange>>>. This event provides a positive return for Information Services Group>>> shareholders, who will receive CAD$51.00 per share.
Information Services Group>>> (ISC) announced the mailing of its Management Information Circular and Proxy Statement for a Special Meeting of Shareholders on June 26, 2026. The meeting is to approve the previously announced Arrangement Agreement with Plenary Americas>>>, under which ISC will be taken private. Shareholders will receive CAD$51.00 per Class A Limited Voting Share, valuing the transaction at CAD$1.2 billion. The Board of Directors of ISC, following a unanimous recommendation from a Special Committee, has unanimously determined the transaction is in the best interests of ISC and fair to shareholders, recommending a vote 'IN FAVOUR'. The transaction requires approval from at least 66⅔% of votes cast by shareholders, a simple majority excluding votes from Canada — Crown Investments Corporation>>> and Rollover Shareholders, and approval from Canada — Crown Investments Corporation>>> as the sole holder of the Class B Golden Share. The transaction is expected to close in the third quarter of 2026, subject to shareholder and court approvals.
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