Proposed Veridian and Whitby Hydro Merger

Posted on Tuesday April 10, 2018

Veridian Corporation (Veridian) and Whitby Hydro Energy Corporation (Whitby Hyrdo) are proceeding to seek shareholder approvals of a proposed merger of the two companies.

Two opportunities for Ajax residents to learn more about the proposed merger:

  1. Ajax Council Meeting 

    April 23, 2018 at 7 p.m.
    Council Chambers
    Town Hall (65 Harwood Ave. S.)

    Proposed Merger Overview presented by Michael Angemeer, President and CEO, Veridian 

    Submit your questions in advance by emailing Alexander Harras, Manager of Legislative Services, at alexander.harras@ajax.ca no later than noon on Friday, April 13, 2018.

    To appear as a delegation at the April 23 Council meeting, complete the online request form no later than noon on Friday, April 13, 2018 at ajax.ca/delegation.

  2. Community Affairs and Planning Meeting 

    May 7, 2018 at 7 p.m.
    Council Chambers 
    Town Hall (65 Harwood Ave. S.)

    This public meeting is an opportunity to ask Town staff questions.

This matter will be before Council for approval before summer recess.

For more information about the proposed merger and to review the business case and fairness opinion, visit learnmore.veridian.on.ca or see the attached news release below.

Public Meeting details also available in the attached Proposed Veridian and Whitby Hydro Merger Flyer.