CIBT Education Group Inc. (TSX:MBA) agreed to acquire substantially all assets from KGIC Inc. (OTCPK:LGLT.F) on March 16, 2017. The transaction has been approved by the court.

CIBT Education Group Inc. (TSX:MBA) completed the acquisition of substantially all assets from KGIC Inc. (OTCPK:LGLT.F) on March 29, 2017. Pursuant to the closing, approximately 2,000 students will continue their education within the KGIC system and many staff members have
agreed to be retained.