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News  ›  GlobeNewswire Inc.

Grupo Aeroportuario del Pacifico Announces Shareholder Approval of the Business Combination of the Cross Border Xpress and Technical Assistance Services

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Alejandra Soto And Gisela Murillo
Grupo Aeroportuario del Pacifico Announces Shareholder Approval of the Business Combination of the Cross Border Xpress and Technical Assistance Services

Grupo Aeroportuario del Pacifico (GAP) shareholders approved a business combination involving Cross Border Xpress (CBX) and technical assistance services, with approximately 96% of votes in favor. The merger will result in issuing around 90 million new shares, increasing total outstanding shares from 505 million to 595 million.

Insights
PAC   positive

Shareholders overwhelmingly approved a strategic business combination that will expand the company's operations and consolidate merged entities