QUEBEC CITY — Telecom testing and monitoring solution provider EXFO Inc. announced today the company has agreed to have its founder and majority shareholder, Germain Lamonde, acquire all of the remaining subordinate voting shares of the corporation which he doesn’t already control. As of today, Lamonde controls, directly or indirectly, 14.22% of the issued and outstanding subordinate voting shares and 100% of the issued and outstanding multiple voting shares of the corporation, which represents collectively 61.46% of the shares of the company and 93.53% of the voting rights attached to the shares. Under the proposed transaction, EXFO shareholders of the...
