MISSISSAUGA, ON, Feb. 18, 2020 /CNW/ – Morguard Corporation (TSX: MRC) (“Morguard“) and Temple Hotels Inc. (TSX:TPH) (“Temple“) announced today that they have completed the previously announced statutory plan of arrangement under section 192 of the Canada Business Corporations Act (the “Arrangement“), pursuant to which Morguard has acquired all of the issued and outstanding common… [Read More]
Temple Receives Court Approval for Going Private Transaction
MISSISSAUGA, ON, Feb. 14, 2020 /CNW/ – Temple Hotels Inc. (“Temple“) (TSX: TPH) announced today that it has received a final order by the Ontario Superior Court of Justice (Commercial List) approving the previously announced statutory plan of arrangement under section 192 of the Canada Business Corporations Act, pursuant to which Morguard Corporation (“Morguard“) will… [Read More]
Temple Shareholders Approve Going Private Transaction
MISSISSAUGA, ON, Feb. 10, 2020 /CNW/ – Temple Hotels Inc. (“Temple“) (TSX:TPH) announced today that, at the special meeting (the “Meeting“) of the shareholders of Temple (the “Temple Shareholders“) held earlier today, an overwhelming majority of Temple Shareholders approved the special resolution (the “Arrangement Resolution“) authorizing the statutory plan of arrangement under section 192 of the… [Read More]
Temple Files Information Circular for Special Meeting of Shareholders
MISSISSAUGA, ON, Jan. 10, 2020 /CNW/ – Temple Hotels Inc. (“Temple“) (TSX:TPH) announced today that it has filed its management information circular (the “Circular“) and related materials with all applicable Canadian securities regulators for a special meeting of the holders of common shares of Temple (the “Temple Shareholders“) to be held at 10:00 a.m. on… [Read More]
Morguard Enters into Arrangement Agreement with Temple Hotels
MISSISSAUGA, ON, Dec. 19, 2019 /CNW/ – Morguard Corporation (“Morguard“) (TSX: MRC) and Temple Hotels Inc. (“Temple“) (TSX: TPH) are pleased to announce that, further to Morguard’s press release dated November 15, 2019, they have entered into a definitive agreement (the “Arrangement Agreement“) pursuant to which Morguard will acquire all of the outstanding common shares of… [Read More]
Morguard Corporation Announces Going Private Proposal for Temple Hotels Inc. at $2.10 per Common Share in Cash
– Minority shareholders owning approximately 16.9% of the Temple Hotels Inc. common shares have agreed to support the proposed transaction – Proposed transaction delivers substantial 18.0% premium MISSISSAUGA, ON, Nov. 15, 2019 /CNW/ – Morguard Corporation (“Morguard” or the “Company“) (TSX:MRC) today announced that it has submitted a proposal to the board of directors of… [Read More]
Temple Hotels Inc. Reports 2019 Third Quarter Financial Results
MISSISSAUGA, ON, Nov. 5, 2019 /CNW/ – Temple Hotels Inc. (“Temple” or the “Company”) (TSX: TPH) today reported its financial results for the three months ended September 30, 2019 (“third quarter”). The following comments in regard to the financial position and operating results of Temple should be read in conjunction with Management’s Discussion & Analysis… [Read More]
Temple Hotels Inc. Reports 2019 Second Quarter Financial Results
MISSISSAUGA, ON, Aug. 6, 2019 /CNW/ – Temple Hotels Inc. (“Temple” or the “Company”) (TSX: TPH) today reported its financial results for the three months ended June 30, 2019 (“second quarter”). The following comments in regard to the financial position and operating results of Temple should be read in conjunction with Management’s Discussion & Analysis… [Read More]
Temple Hotels Inc. Announces Normal Course Issuer Bid
MISSISSAUGA, ON, July 5, 2019 /CNW/ – Temple Hotels Inc. (TSX: TPH) (“Temple“) today announced that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid (“NCIB”) through the facilities of the TSX and/or alternative Canadian trading systems. The notice provides that Temple may, during the twelve month… [Read More]
Temple Hotels Inc. Announces Insider Participation in Recently Completed Rights Offering
MISSISSAUGA, ON, June 12, 2019 /CNW/ – Temple Hotels Inc. (“Temple”) (TSX: TPH) is pleased to announce additional information regarding the participation of the insiders of Temple in the rights offering (the “Rights Offering”) of Temple that closed on June 5, 2019. Pursuant to the basic subscription privilege under the Rights Offering, 23,842,754 common shares of… [Read More]
Temple Hotels Inc. Announces Closing of Over-Subscribed Rights Offering
MISSISSAUGA, ON, June 5, 2019 /CNW/ – Temple Hotels Inc. (“Temple”) (TSX: TPH) is pleased to announce the successful completion of its previously announced rights offering (the “Rights Offering”) in each of the provinces and territories of Canada. Upon closing of the Rights Offering, Temple issued 25,022,329 common shares of Temple (“Common Shares”) at a price of… [Read More]
Temple Hotels Inc. Announces Insider Participation in Recently Completed Rights Offering
MISSISSAUGA, ON, April 10, 2019 /CNW/ – Temple Hotels Inc. (“Temple”) (TSX: TPH) is pleased to announce additional information regarding the participation of the insiders of Temple in the rights offering (the “Rights Offering”) of Temple that closed on April 4, 2019. Pursuant to the basic subscription privilege under the Rights Offering, 17,656,200 common shares… [Read More]
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