Thursday, July 25th, 2024

Vengrowth merger into Covington II Fund

October 3, 2011 by  
Filed under Covington venture funds

VenGrowth shareholders have overwhelmingly endorsed the Covington Offer to acquire the VenGrowth Funds.

More than 90 per cent of votes were cast in favour of the Covington Offer, according to preliminary results presented.

The two companies will proceed to merge back office system and expect to be ready to pay out cash to shareholders who requested a sale of matured shares in the next couple of weeks.

For more information and to see related materials you can see the Vengrowth web site.



Comments are closed.