Wednesday, September 12, 2012

Telus wins court ruling against investor Mason

Reuters reports that Canadian telecoms group Telus Corp has won a court ruling that its largest individual investor, US hedge fund Mason Capital Management, cannot hold a meeting of its shareholders to consider a proposal that potentially would have blocked the telco’s ownership restructuring plan. Mason has effectively stalled Telus’ previous attempts to eradicate its legacy dual voting and non-voting share structure


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OVETEL Telus wins court ruling against investor Mason

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