TMX Group Inc. acknowledges the issuance of a press release by Maple Group Acquisition Corporation (Maple) on June 22, 2011, stating that it has revised the terms of its offer for the outstanding shares of TMX Group.
The Board of Directors of TMX Group (the Board) will fulfill its fiduciary responsibility and will review Maple's notice of variation regarding its revised terms, which Maple has indicated will be filed shortly, and respond in a directors' circular. The Board will also reassess whether the revised Maple offer constitutes a superior proposal, or could reasonably be expected to result in a superior proposal.
TMX Group will make no other public comment until the Board of Directors has completed its analysis.
