Home / / Magna buyout of founder shares can go ahead-report

Magna buyout of founder shares can go ahead-report

August 31st, 2010 on Mergers Leave a comment

NEW YORK, Aug 30 (Reuters) – Auto parts company Magna
International Inc’s proposed buyout of founder Frank
Stronach’s controlling shares can go ahead, Canada’s Globe and
Mail reported on Monday, citing a ruling by a three-member
panel of Ontario judges.

The Source Article

Leave a Reply

Your email address will not be published. Required fields are marked *

*

CAPTCHA Image

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

To comment, click below to log in.