Saturday, June 16, 2007

Universal Salvage now part of Copart

UNIVERSAL SALVAGE confirms today that the Scheme of Arrangement has been implemented making the firm part of Copart UK Limited.
Universal Salvage Shareholders are entitled to receive 200 pence in cash for each Universal Salvage Share held. Settlement of the cash consideration is expected to be effected within 14 days of the date of this announcement.
Copart UK is a wholly-owned subsidiary of Copart, Inc.

DATED: 16.06.07

FEED: AW





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