An anonymous director reports
ACQUISITION OF COASTAL.COM BY ESSILOR INTERNATIONAL COMPLETED
Coastal Contacts Inc. has completed the plan of arrangement under which Essilor International
(Compagnie Generale d'Optique) SA has indirectly
acquired all of the issued and outstanding common shares of Coastal.com
for a purchase price of $12.45 per share.
With the completion of the transaction, Coastal.com's common shares are
expected to cease trading and be delisted from the Toronto Stock
Exchange following the close of trading on May 1, 2014. Coastal.com's
shares will be suspended from trading on the Nasdaq stock exchange
following the close of trading on April 28, 2014.
We seek Safe Harbor.
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