AT - Atlantic Power: Preferred Shareholders Should Vote Against The Proposed Takeover Unless Better Terms Are Proposed

• Atlantic Power Preferred Shareholders to receive C$22 per share (vs. $25 per share face value).
• Atlantic Power Preferred Shareholders will not be entitled to a pro rata dividend.
• Atlantic Power Preferred Shareholders are being treated the least favorably vs. all other parts of the capital structure.
• The quorum requirement is way less for Preferred Shareholders.
• Atlantic Power Preferred Shareholders should vote against the proposed takeover.

For further details see: