May 2 (Reuters) - Trimac Transportation Ltd TMA.TO
* All of shareholders of trimac would receive $6.25 cash for
their trimac shares.
* Special committee of independent directors has been
established to consider proposed transaction
* Trimac transportation ltd. Announces proposed
privatization
* Has received a proposal from its principal shareholder,
trimac holdings ltd to privatize trimac
* Proposed transaction is premised on no further dividends
being declared
* Says no further purchases of trimac shares will be made
under trimac's normal course issuer bid
* Special committee has retained an independent valuator who
is in process of preparing a valuation of trimac shares
Source text for Eikon: ID:nCNWLD7Nva
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