Parrish & Heimbecker, Limited, has closed the deal to
buy Thirdcoast Limited, including a grain terminal at Goderich, another at Port
Colbourne and a mustard-processing plant at Hamilton.
P+H says 96 per cent of the company’s shares were offered to
its bid of $155 per share.
It will buy those shares and will be exercising its right to
force the remaining shareholders to surrender their shares to P+H at the $155
bid price.
