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Ontario Superior Court of Justice approves RFA Capital/Street Capital deal

The Ontario Superior Court of Justice issued a final order approving the statutory plan of arrangement under which RFA Capital Holdings Inc. will acquire all of the issued and outstanding common stock of Street Capital Group Inc. for 68 Canadian cents per share.

The transaction is expected to be completed by the end of 2019. Following completion of the deal, Street Capital's common shares will be delisted from the Toronto Stock Exchange, and the company will apply to cease to be a reporting issuer.