Gaming
May 11, 2008
Stronach triumphant in MID dispute
“We think it's because (Stronach's) proposed reorganization contains a multi-hundred-million dollar payoff for Mr. Stronach, while the 2005 board recommendations do not.”
Frank Stronach, founder of MI Developments Inc., has easily defeated an attempt by shareholder Greenlight Capital to block his restructuring plan. via The Toronto Star
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