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Canada: Magna shareholders lose appeal

Magna International shareholders who opposed the plan ending the supplier's dual-class share structure, a plan involving company founder Frank Stronach giving up his controlling class B multiple voting shares in return for cash and assets valued at around US$980m, have lost a court appeal of the decision. Shortly after the Ontario It’s time to log … Continued

Magna International shareholders who opposed the plan ending the supplier's dual-class share structure, a plan involving company founder Frank Stronach giving up his controlling class B multiple voting shares in return for cash and assets valued at around US$980m, have lost a court appeal of the decision.

Shortly after the Ontario

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