Canada: Majority of Class A holders back Magna deal

Although management of Magna International were accused of 'handcuffing' the company’s board by a senior regulator at an Ontario Securities Commission (OSC) hearing on 23 June, it was also revealed that 54% of all outstanding shares, not including those held by insiders, have already been voted in favour of the Subscribe to Automotive World to … Continued

• By Webmaster
• June 24, 2010