TORONTO, June 17, 2011 /CNW/ - TMX Group Inc. today announced that
Glass, Lewis & Co., LLC (Glass Lewis), a leading independent governance
analysis and proxy voting firm, has published a report recommending
that TMX Group shareholders vote in favour of TMX Group's proposed
merger with London Stock Exchange Group plc (LSEG).
The Glass Lewis report stated: "In light of our approval of the LSE-TMX
merger from both a strategic and financial perspective, our
consideration of the factors discussed [in our report], and the
unanimous support of the board, we believe the proposed merger with LSE
is in the best interest of shareholders."*
TMX Group will hold an Annual and Special Meeting of shareholders to
approve the merger agreement and other resolutions on June 30, 2011 at
10:00 a.m. (ET). The meeting will be held at the Design Exchange, 234
Bay Street, Toronto. For information about the merger and how to vote,
please visit www.tmx.com/merger.
Time is of the essence. TMX Group BLUE proxies must be received no later than June 28 at 5:00 p.m. (ET).
Shareholders who require assistance in voting their proxies may direct
their inquiries to TMX Group's proxy solicitation agent, Phoenix
Advisory Partners, 1-866-793-5697 or firstname.lastname@example.org.
*Permission to quote from the Glass Lewis report was neither sought nor
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for
multiple asset classes including equities, fixed income and energy.
Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange,
Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston
Options Exchange (BOX), Shorcan, Shorcan Energy, Equicom and other TMX
Group companies provide listing markets, trading markets, clearing
facilities, data products and other services to the global financial
community. TMX Group is headquartered in Toronto and operates offices
across Canada (Montreal, Calgary and Vancouver), in key U.S. markets
(Houston, Boston and Chicago) as well as in London. For more
information about TMX Group, visit our website at www.tmx.com.
SOURCE TSX Group Inc.
For further information:
Director, Corporate Communications