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Tangelo Games Corp. and GoGel Holdings Inc. Complete Plan of Arrangement

Published: 09/18/2018

Team: Chad Accursi, James Lyle, Robert B. Cohen

On September 18, 2018, Tangelo Games Corp. completed an arrangement transaction pursuant to which GoGel Holdings Inc. acquired all of the issued and outstanding common shares of Tangelo by way of a court-approved plan of arrangement under the Business Corporations Act (Ontario). Pursuant to the arrangement, each Tangelo shareholder received cash consideration of $0.02565 for each Tangelo share held.

Cassels Brock acted for Tangelo with a deal team that included Chad Accursi and James Lyle (Securities) and Robert Cohen (Advocacy).