Wednesday, March 25, 2015

Hartco Receives Letter from Mr. Harry Hart Regarding Proposed Take-Over Bid at $3.40 per Share


MONTREAL, CANADA--(Marketwired - March 25, 2015) - Hartco Inc. ("Hartco") (TSX:HCI) today announced that the Special Committee of the Board of Directors, comprised exclusively of independent directors, has received a letter from Mr. Harry Hart and a company under his control confirming their intention to launch a take-over bid to acquire all of the issued and outstanding common shares of Hartco, other than shares held directly or indirectly by Mr. Hart, at a price of $3.40 in cash per share, representing total consideration of approximately $18.3 million.

Hartco Receives Letter from Mr. Harry Hart Regarding Proposed Take-Over Bid at $3.40 per Share



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