11:50 AM EST - HNZ Group Inc. : And PHI, Inc. announced today that, together with Don Wall, the Corporation's President and CEO, they have entered into an arrangement agreement pursuant to which Don Wall, through a wholly-owned acquisition company, will acquire all of the issued and outstanding common and variable voting shares of the Corporation by way of a statutory plan of arrangement under Section 192 of the Canada Business Corporations Act for $18.70 per share in cash. HNZ Group Inc.
shares T.HNZ are trading up $5.47 at $18.52.
