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Leading Independent Proxy Advisory Firms Recommend That ISC Shareholders Vote for the All-Cash Transaction With Plenary Americas (opens original article in a new tab)

TL;DR

Leading independent proxy advisory firms recommend ISC shareholders vote in favor of the all-cash acquisition by Plenary Americas, offering a 55% premium to the company's stock price.

  • Leading proxy advisory firms ISS and Glass Lewis recommend ISC shareholders vote for the all-cash transaction with Plenary Americas.
  • The transaction offers CAD$51.00 per share, a 55% premium to ISC's unaffected trading price, valuing the company at approximately CAD$1.2 billion.
  • Shareholders must vote by June 24, 2026, with the special meeting scheduled for June 26, 2026.

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