STEP Energy Services (TSE:STEP) has released an update.
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STEP Energy Services has received endorsements from leading proxy advisors, ISS and Glass Lewis, for its proposed arrangement with ARC, offering a 40.4% premium on shares. This endorsement highlights the strong negotiation process and the immediate value to shareholders. Shareholders are encouraged to vote before the deadline due to potential Canada Post service disruptions.
For further insights into TSE:STEP stock, check out TipRanks’ Stock Analysis page.
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