Cost-U-Less to Merge with North West
Bellevue, Wash. Cost-U-Less announced that its shareholders voted Tuesday to approve the proposed acquisition of the company by The North West Co.
“We are pleased with the outcome of today’s vote,” said George Textor, chairman of Cost-U-Less. “The approval by Cost-U-Less shareholders of our merger with North West represents a significant step in the transaction closing process, and on behalf of the board of directors I want to thank the shareholders for their continued support.”
The transaction is expected to close on Dec. 13.