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Mithaq Announces Expiry of Takeover Bid for Aimia; Shareholders Lose Opportunity to Receive a Significant Premium Because of Aimia Board's Entrenchment and Unwillingness to Constructively Engage

Newswire.ca - Fri Feb 16, 6:05AM CST

TORONTO, Feb. 16, 2024 /CNW/ - Mithaq Capital SPC ("Mithaq"), the largest shareholder of Aimia Inc. (TSX: AIM) ("Aimia"), today announced the expiry of the premium all-cash offer made by its wholly-owned subsidiary, Mithaq Canada Inc. (the "Offeror"), to acquire all of the issued and outstanding common shares of Aimia (the "Common Shares") not already owned by the Offeror or its affiliates (the "Offer").

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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