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Vitru Ltd. Sets Shareholder Election Deadline for Merger
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Vitru Ltd. Sets Shareholder Election Deadline for Merger

Vitru Ltd. (VTRU) has released an update.

Vitru Ltd., a leader in Brazil’s distance learning market, has announced May 21, 2024, as the deadline for shareholders to choose their form of consideration due to a merger between Vitru Cayman and Vitru Brazil. Shareholders must decide on receiving either Vitru Brazil shares or American Depositary Shares. The merger aims to democratize and enhance access to education through a digital ecosystem.

For further insights into VTRU stock, check out TipRanks’ Stock Analysis page.

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