VANCOUVER, BC, Oct. 11, 2024 /CNW/ - A&W Revenue Royalties Income Fund (TSX: AW.UN) (the "Fund") is pleased to announce that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the plan of arrangement under the Canada Business Corporations Act in respect of its previously announced strategic combination (the "Transaction") with A & W Food Services of Canada Inc. ("A&W Food Services") to create a leading publicly traded growth-focused quick-service restaurant ("QSR") franchisor ("A&W Food Services NewCo"). Pursuant to the Transaction, A&W Food Services will be amalgamated with certain of its holding companies to form A&W Food Services NewCo and will acquire all of the units of the Fund (the "Units") for common shares of A&W Food Services NewCo ("A&W Food Services NewCo Shares"), cash or a combination of cash and A&W Food Services NewCo Shares, as the case may be.
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