Jazz Air Income Fund has approved the trust’s conversion to a corporation. Some 99.9% of untiholders voted in favour of the proposed exchange of the fund’s units for shares in a new public company to be called Chorus Aviation. The transformation is expected to be in place on December 31.
JAZZ AIR INCOME FUND CONVERSION TO CORPORATION APPROVED
Jazz Air Income Fund has approved the trust’s conversion to a corporation. Some 99.9% of untiholders voted in favour of the proposed exchange of the fund’s units for shares in a new public company to be called Chorus Aviation. The transformation is expected to be in place on December 31.