Canada: Magna proposes new capital structure

Magna has announced that it has entered into a transaction agreement with the Stronach Trust under which holders of Magna's Class A subordinate voting shares would be given the opportunity to decide whether to eliminate the dual class (A and B) share capital structure through which Magna's founder, Frank Stronach, It’s time to log in … Continued

• By Webmaster
• May 6, 2010