Article: Canada : TransAlta acquires over 93 per cent of Canadian Hydro Developers and expects to complete transaction by November 4, 2009.

Byline: prashant03

TransAlta Corporation (TSX: TA) (NYSE: TAC) and Canadian Hydro Developers, Inc. (TSX: KHD) announced today TransAlta's wholly-owned subsidiary (the "Offeror") has taken up approximately 9.1 million additional common shares of Canadian Hydro Developers validly deposited and taken up pursuant to its offer (the "Offer") to acquire all of the outstanding common shares of Canadian Hydro Developers for $5.25 cash per share. These common shares combined with the common shares acquired on October 23, 2009 represent approximately 93.5 per cent of the outstanding common shares of Canadian Hydro Developers. The Offer has now expired.

Given the ...

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