The closing of the transaction is contingent upon Grant Thornton obtaining an order from the Ontario Superior Court of Justice (Court) approving the transaction and vesting the purchased assets in Centric Health.
Grant Thornton has served materials in support of its motion for court approval in which it has identified Centric Health as the purchaser.
The motion for court approval of the transaction is presently scheduled to be heard by the court on 12 January 2011.
In addition to approval of the transaction and vesting of the purchased assets in Centric Health, Grant Thornton has requested that the court order that details of the transaction be kept confidential pending closing and that confidential information filed by Grant Thornton be sealed in the court file until that time.
