Tourism Holdings $69.5M merger offers 'compelling' opportunities, independent adviser report

Thu, 27 Sep 2012

By Paul McBeth Sept. 28 (BusinessDesk) - Tourism Holdings $69.5 million merger with rivals United Campervans and KEA Campers offers "compelling" opportunities to cut costs, according to the independent adviser's report. The rental campervan operator's board unanimously recommends shareholders sign off on the deal to grow its market share in a cash and scrip offer after independent advisers Cameron Partners declared the transaction could potentially add "material value" for both Tourism Holdings investors and the United and KEA sellers. The d...

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