Stocks in play: Tembec Inc.
Announced that investment funds managed by Oaktree Capital Management, L.P, which beneficially own 19.9% of the common stock of Tembec Inc., fully supports the proposed acquisition of Tembec by Rayonier Advanced Materials Inc. on the revised terms announced yesterday by Rayonier Advanced Materials and Tembec, and have committed to vote in favour of the Transaction at the upcoming special meeting of Tembec shareholders. Tembec Inc.