Source: GlobeNewswire

Press Release: Kubota : AgJunction Inc. Announces Court Approval for Plan of Arrangement

SCOTTSDALE, Ariz., Nov. 30, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction" or the "Corporation") is pleased to announce that on November 29, 2021, it received final approval from the Court of Queen's Bench of Alberta for the previously announced plan of arrangement (the "Arrangement") pursuant to which Kubota Canada Ltd., a wholly-owned subsidiary of Kubota Corporation, will acquire all outstanding common shares of AgJunction ("AgJunction Shares") for cash consideration of CAD $0.75 per AgJunction Share. The Arrangement is expected to be completed on December 7, 2021. Following completion of the Arrangement, the AgJunction Shares are expected to be delisted from the Toronto Stock Exchange.

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