VRC Companies to acquire Redishred Capital for $68m.

VRC Companies, a records and information management services provider, agreed to acquire Redishred Capital, a publicly traded investment company focused on the document shredding and recycling industry, for $68m. "The transaction is supported by the two largest shareholders of the corporation and each of the corporation's directors and senior executives who, in aggregate, hold approximately 41% of the issued and outstanding shares and who have entered into agreements to vote all of their shares in favour of the transaction," Redishred Capital.