11:46 AM EST - Cervus Equipment Corporation : Previously announced that it has entered into a definitive agreement for the long-term sale and leaseback of approximately $55.7 million of real estate currently owned by the Company. Today Cervus announced that the purchaser, Skyline Commercial REIT, has waived its conditions relating to it obtaining financing and satisfactorily completing its due diligence review of the properties meaning that all material conditions to closing the transaction, other than the delivery of closing payments and customary closing documentation, have been satisfied or waived. The transaction is expected to close in December.
shares T.CVL are trading down $0.27 at $15.83.
