IOU Financial informed North Mill Equipment Finance that the proposal IOU received from North Mill to acquire all outstanding shares of IOU at a price of $0.28 cash for each share did not constitute a "superior proposal" to a previous arrangement with 9494-3677 Québec Inc. read more

AUG 10, 2023 - 7:08 am

North Mill Equipment Finance sent a letter recently to the special committee of the board of directors of IOU Financial proposing to acquire the company at a 27% premium to the price per share agreed to by IOU and a group of inside shareholders. read more

JUL 26, 2023 - 7:05 am