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Canada: Judge approves Magna share plan

The Ontario Superior Court has approved Magna’s previously announced proposal to eliminate its dual class share structure. Referred to as the 'Plan of Arrangement', the strategy entails company founder and chairman Frank Stronach giving up his controlling class B multiple voting shares in return for cash and assets valued at It’s time to log in … Continued

The Ontario Superior Court has approved Magna’s previously announced proposal to eliminate its dual class share structure. Referred to as the 'Plan of Arrangement', the strategy entails company founder and chairman Frank Stronach giving up his controlling class B multiple voting shares in return for cash and assets valued at

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