RDM Corporation Announces Definitive Agreement to be Acquired by Deluxe Corporation
Cash Consideration of $5.45 per Common Share Price Represents a 35% Premium to 90-Day Volume-weighted Average Enterprise Value
Waterloo - RDM Corporation, yesterday announced that it has entered into a definitive arrangement agreement (the "Agreement") with a subsidiary of Deluxe Corporation, pursuant to which Deluxe has agreed to acquire all of the outstanding common shares of the Company for cash consideration of $5.45 per common share (the "Transaction"). All amounts, unless stated otherwise, are in Canadian dollars.
The Intelligent Community Forum Names the Top7 Intelligent Communities of 2017
New York, NY/Taipei, Taiwan - At the conclusion of “The Internet of Cities Forum” in Taipei, Taiwan today, the Intelligent Community Forum announced its list of the Top7 Intelligent Communities of the Year to an audience of national and municipal leaders from Taiwan, Canada, Estonia, the Netherlands and Vietnam. The 15th annual Top7 list includes communities from four nations, with Australia, Canada and Taiwan each contributing two, and Russia contributing a seventh community in a first-time achievement for that nation. In alphabetical order, they are:
Sandvine's Cloud Services Policy Controller can now view, control, and protect mobile data
Waterloo - Sandvine, announced the launch of mobile data management features for its Cloud Services Policy Controller. These new features help the business customers of communications service providers to better understand, manage, and secure their employees' domestic and international mobile data usage.
Laurier implements presidential transition plan
Waterloo Wilfrid Laurier University has begun implementing a plan to ensure a smooth transition in senior leadership. Max Blouw will complete his second term as President and Vice-Chancellor on June 30, 2017. As announced Jan. 11, Deborah MacLatchy, who has served as the university’s Provost and Vice-President: Academic since 2009, will begin her five-year term as President and Vice-Chancellor on July 1.
Kindred Credit Union joins global movement of people using business as a force for good
B Corp certification acknowledges highest standards of social and environmental performance.
Kitchener Kindred Credit Union announced it has joined over 2,000 socially and environmentally committed businesses by earning certification as a B Corporation (B Corp). The international standard is a rigorous framework that measures a company’s social and environmental performance, accountability and transparency. B Corp certification is a growing movement of businesses around the world that voluntarily choose to hold themselves to these standards, and includes more than 180 in Canada, and 80 in Ontario.
First ION train shipping from Thunder Bay today
Waterloo Region The Region of Waterloo’s first ION light rail transit vehicle will be shipped from Bombardier’s Thunder Bay plant starting today. Delivery is expected to take 10 to 12 days.
Hydro One Reports Positive Fourth Quarter Revenue and Operating Cost Trends
With operational transformation well underway, Hydro One completes first full year as a public company
Toronto - Hydro One Limited, Ontario's largest electricity transmission and distribution company, announced its financial and operating results for the fourth quarter ended December 31, 2016.
OPG's Niagara Reservoir Refurbishment Completed Ahead of Schedule and Under Budget
Upgrade ensures flexible, carbon-free power for another half century
Niagra Falls - Ontario Power Generation (OPG) has successfully completed another project ahead of schedule and under budget. The reservoir refurbishment project for the Sir Adam Beck Pump Generating Station (PGS) will ensure carbon-free electricity for another fifty years or more.