BFI Canada Income Fund (TSX:BFC.UN) and IESI Corporation jointly announced today that the previously-announced transaction combining the operations of the two companies will close on Friday, January 21. At the special meeting of the fund’s unitholders held today unitholders passed a special resolution to approve the transaction.
The completion of the transaction was subject to certain regulatory approvals and other conditions in addition to unitholder approval. In particular, the required consents have now been obtained from the New York Business Integrity Commission and from the New York City Department of Sanitation.
About BFI Canada
BFI Canada Income Fund, through its subsidiaries, is one of Canada’s largest full-service waste management companies, providing non-hazardous solid waste collection and landfill disposal services for municipal, commercial, industrial and residential customers in the provinces of British Columbia, Alberta, Manitoba, Ontario and Quebec. The Fund’s units are listed on the Toronto Stock exchange under the symbol BFC.UN. For more information on the Fund, visit www.bficanada.com
Joseph D. Quarin, BFI Canada
Chief Financial Officer
Manager, Investor and Employee Relations, BFI Canada