C.I. says it might lower hostile bid for Mackenzie
Article Abstract:
Toronto, Ont.-based MacKenzie Financial Corp., which has offered an unusual takeover defense, is trying to fend off a hostile takeover bid from Toronto, Ont.-based C.I. Fund Management Inc. MacKenzie has offered its employees a year's salary if they are laid off after a merger.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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C.I. likely to drop MacKenzie bid
Article Abstract:
C.I. Fund Management will not attempt to acquire MacKenzie Financial in a hostile takeover. AIC Ltd is attempting to acquire MacKenzie in a friendly acquisition.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
User Contributions:
Comment about this article or add new information about this topic: