June 1, 2016 / 8:57 PM / a year ago

BRIEF-ACE Aviation gets court approval for $12 mln cash distribution to shareholders

June 2 (Reuters) - ACE Aviation Holdings Inc

* Payment for distribution will be June 22, 2016

* ACE Aviation announces court approval for a $12 million cash distribution to shareholders

* As at June 1, 2016 , ACE’s only remaining assets consist of cash in an aggregate amount of approximately $19 million Source text for Eikon: Further company coverage:

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