For sale: Cadillac switches to Plan B
Article Abstract:
Cadillac Fairview Corp CEO Bruce Duncan says Canada's leading mall owner is being sold to enhance shareholder value. Duncan says the company's stock has been performing badly even as it has grown through acquisitions and cash flow has increased. While selling may appear to be an unusual solution, observers say the company is being sold because of a tenuous alliance between the company's three controlling shareholders.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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Deloitte resigns as Dundee auditor
Article Abstract:
Deloitee and Touche LLP has resigned as auditor of the both the investment banking firm Dundee Bancorp Inc and real estate company Dundee Realty Corp. The accounting firm has resigned after it learned that Dundee Bancorp is planning to put its auditing contract for tender in 1999. Deloitte has signed the investment company's and Dundee Realty's financial statements for 1998, providing unqualified opinions.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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Comment about this article or add new information about this topic:
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