11:52 AM EST - TIO Networks Corp. : Announced that Institutional Shareholder Services Inc. and Glass Lewis & Co., the leading independent proxy advisory firms that provide voting recommendations to institutional investors, have each recommended that TIO shareholders approve the proposed plan of arrangement with PayPal, Inc., and Tahoe Acquisition ULC, a wholly-owned subsidiary of PayPal, whereby PayPal will indirectly acquire all of the issued and outstanding shares of TIO for $3.35 in cash per TIO share. TIO Networks Corp.
shares V.TNC are trading up $0.005 at $3.29.
