Franchise Services/Hertz -- summary under Outbound continuances

Continuance of Franchise Services of North America Inc. to Delaware and merger with Macquarie-financed purchaser of a Hertz car rental business
Overview

In order to merge the car rental business of Adreca, a private Delaware corporation, with the car rental business of FSNA, a TSXV-listed CBCA corporation, Adreca will be merged into a subsidiary of FSNA with Adreca as the survivor, and FSNA, following its continuance from Canada to Delaware ("New FSNA"), will then be merged with Adreca, with New FSNA as the survivor.

For a more detailed summary, see under Cross-Border Mergers - Outbound - Continuance and Merger.

Locations of other summaries Wordcount
Tax Topics - Public Transactions - Mergers & Acquisitions - Cross-Border Acquisitions - Outbound - Continuance and Merger Continuance of Franchise Services of North America Inc. to Delaware and merger with Macquarie-financed purchaser of a Hertz car rental business 688