11:57 AM EST - West 49 Inc. : announced that following a hearing held today, the Ontario Superior Court of Justice issued the final order approving the proposed plan of arrangement involving the Company and Aurora Inc., a subsidiary of Billabong International Limited. As announced earlier this week, at a special meeting held on August 24, 2010, securityholders approved the transaction, with 99.9% of the votes cast in favour, which will result in holders of common shares and preferred shares receiving $1.30 in cash per share held (and holders of the Company's preferred shares will also receive accrued and unpaid dividends on their preferred shares), less any amounts withheld from non-resident securityholders on account of taxes, as applicable. West 49 Inc.
shares T.WXX are trading even at $1.29.
