Business & GA, Commercial

CAE Completes Engenuity Purchase

By Tish Drake | April 2, 2007

Canadian simulator company CAE said Monday it completed its $19.6 million offer to acquire Engenuity Technologies. CAE, Montreal, said it will take control of about 85 percent of the issued and outstanding Engenuity Common Shares. CAE will delist Engenuity shares from the Toronto Stock Exchange. For related news

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