Monday, 30 March 2015
Last updated 7 hours ago
Sep 18 2012 | 12:19pm ET
Mason Capital Management is not giving up its fight against Telus Corp.'s planned share-consolidation plan.
The U.S. hedge fund has won the right to an expedited appeal of last week's Supreme Court of British Columbia ruling that blocks it from holding a meeting of the Canadian telecommunication company's shareholders in competition with a meeting planned by Telus itself. Mason, which owns 19% of Telus' voting shares, objects to the company's plan to impose a one-for-one exchange of non-voting shares for voting shares.
Mason has argued that the plan is unfair to voting share owners, including itself, who paid more for that privilege than non-voting share owners.
Mason's appeal will be heard on Oct. 4, just under two weeks before Telus shareholders are to vote on the company's plan.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…