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Pulse Seismic Inc. — M&A Activity 2002
Mar 1, 2002
42873_rns_2002-03-01_19d9728c-cf1b-4443-b94e-1074e2a5f957.pdf
M&A Activity
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REPORT OF RESULTS OF TAKE-OVER BID
1. Name and Address of the Offeree Issuer
Request Income Trust ("Request") 428 - 540 - 5[th] Avenue S.W. Calgary, Alberta T2M 0M2
2. Name and Address of the Offeror:
Pulse Data Inc. ("Pulse") Suite 725, 435 - 4[th] Avenue S.W. Calgary, Alberta T2P 3A8
3. The Bid:
The Offeror made a formal offer dated December 24, 2001 to purchase all of the issued and outstanding Trust Units of the Offeree in exchange for 2.1 Common Shares of the Offeror for each Trust Unit of the Offeree. The Offer expired at 5:00 p.m. (Calgary time) on January 31, 2002.
4. Results of the Bid:
The Offer was favourably received since it was successfully completed. As at the expiry of the Offer, the Offeror acquired an aggregate of 9,501,140 Trust Units of the Offeree, representing approximately 86.5% of the issued and outstanding Trust Units.
5. Results of Compulsory Acquisition
On February 4, 2002, Pulse successfully completed the compulsory acquisition of all remaining and outstanding Trust Units of ReQuest which were not tendered to the Offer.
Dated, February 28, 2002.
PULSE DATA INC.
(signed) "Ken MacDonald"
___________________________ By: Ken MacDonald President and Chief Executive Officer
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