Proxy Firms Give Thumbs Up to Birch Hill's Buy of Softchoice

Proxy advisory and research firms Institutional Shareholder Services Inc. and Glass Lewis & Co. have recommended that clients who are shareholders in IT solutions provider Softchoice Corp. vote in favour of Birch Hill Equity Partners' previously announced acquisition of the company for $412 million. The take-private deal has already been recommended by the Toronto-based Softchoice's board of directors, and it will be submitted to a special shareholders meeting in June.

24 May 2013•4 mins read
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