Rocky Mountain Dealerships Inc is one step closer to becoming a private company.
During a virtual meeting this week 72.3 per cent of shareholders voted in favour of the deal that would see it move to a numbered company.
The private company is controlled by Chairman Matthew Campbell and CEO Garrett Ganden and puts a value of $144 million dollars on the Rocky Mountain Dealerships.
Rocky Mountain Dealerships, a Calgary-based company, has 36 locations across Alberta, Manitoba and Saskatchewan and is the largest farm equipment dealer in Canada.
The arrangement must still receive court approval before it can go ahead.
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