Proxy advisors recommend $480 mln sale of Capstone Infrastructure

Independent proxy advisory firms Glass Lewis & Co LLC and Institutional Shareholder Services Inc have recommended that shareholders of Capstone Infrastructure Corp approve the previously announced acquisition of the Toronto-based infrastructure investor. The deal, which will see Capstone sold to an affiliate of U.K.-based iCON Infrastructure LLP for $480 million, will be subject to a vote on March 10. It is expected to close in April.

23 February 2016•10 mins read
Feature image
LinkedInXEmail
LinkedInXEmail

Related articles