Investor revolt widens over MEC buyout: MI president blasted on conference call

Article Abstract:

The revolt against the MI Developments Inc. buyout of minority shareholders of Magna Entertainment Corp., widened in August 2004, as investors questioned the proposal and MI management for not having read a filing made to block the deal. Greenlight, a New York investment firm that holds about 10 percent of MI's shares, wants the Ontario Securities Commission (OSC) to force the company to allow the real estate firm's minority shareholders to vote on the deal.

Magna Entertainment Corp.

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Reichmann 'pushed' by long - time backers

Article Abstract:

A report is presented on the proposed sale of the company O&Y Properties Corp. by the investors. The details of the company's assets and profit data are also presented.

O&Y Properties Corp., OYP

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Property firm buys Cotton Ginny stores

Article Abstract:

Continental Saxon Group has acquired the remaining stores of Cotton Ginny from Cotton Ginny Ltd. Continental will operate 100 to 110 stores under the current banner.

Facilities & equipment, Women's Clothing Stores, Women's Ready-to-Wear Stores, Buildings and facilities, Cotton Ginny Ltd., Continental Saxon Group

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