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Forzani, takeover target, hits 52-week stock high


Forzani Group Ltd. (T.FGL) hit a new 52-week high of $26.47 Wednesday. Canadian Tire Corporation, Limited and The Forzani Group Ltd. announced today that Canadian Tire's wholly-owned subsidiary, FGL AcquisitionCo Limited, has received a letter from the Competition Bureau indicating it does not intend to take any action with respect to Canadian Tire's acquisition of all the Class "A" shares of Forzani at this time.

The Offeror is offering $26.50 per Common Share in cash. The transaction was announced on May 9.

Tourmaline Oil Corp. (T.TOU) hit a new 52-week high of $35.96 Wednesday. No news announcements today

Mainstreet Equity Corp. (T.MEQ) hit a new 52-week high of $19.10 Wednesday. No news announcements today

Yamana Gold Inc. (T.YRI) hit a new 52-week high of $13.31 Wednesday. No news announcements today

Franco-Nevada Corporation (T.FNV) hit a new 52-week high of $41.99 Wednesday. No news announcements today

Commercial Solutions Inc. (T.CSA) hit a new 52-week high of $1.18 Wednesday. No news announcements today