The companies said all conditions for the merger had now been met after unitholders of both trusts gave the go-ahead at meetings held this week.
Under the arrangement, Petrofund unitholders will recieve 0.6 of a Penn West unit for each Petrofund unit exchanged, as well as a special distribution of C$1.10 (US$0.98 that includes an adjustment of 10 centrs per unit required to align the distribution payment dates of the trusts.
The
