Lassonde to increase stake in Clement Pappas to 84%
date:May 24, 2013
associated with the purchased shares, accounted for as retractable financial instruments. As a result, Lassonde expects to recognize a gain, net of related costs, totalling approximately $0.8m.

Lassonde's equity interest in CPC will be increased from 70.7% to 84.0%; of the remaining 16.0%, 6% is held by Clement David Pappas and 10% by members of the Lassonde family.

Lassonde has also agreed to guarantee a minimum price upon exercise of the existing put and call rights provided in the CPC shar
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