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CNW Group
Atlas Corp. Announces Receipt of “Take Private” Proposal
Atlas (“Atlas” or the “Company”) (NYSE: ATCO) announced today that its board of directors (the “Board”) has received a non-binding proposal letter, dated August 4, 2022, from Poseidon Acquisition Corp. (“Poseidon”), an entity formed by certain affiliates of Fairfax Financial Holdings Limited (“Fairfax”), certain affiliates of the Washington Family (“Washington”), David Sokol, Chairman of the Board of Atlas, and Ocean Network Express Pte. Ltd., and certain of their respective affiliates (the “Con
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