Predators on parade

Article Abstract:

Several Canadian firms that took part in the rush to diversify now find themselves targets of such corporate raiders as Gerard Schwartz, whose Onex Corp has tendered a buyout bid for John Labatt Ltd. These raiders perform a service by punishing firms for their misguided diversification plans.

Canada, Column, Brewing industry, Breweries, Corporations, Onex Corp., Corporations, Canadian

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Bay Street's bonanza

Article Abstract:

Hees-Edper sold brewing and entertainment John Labatt Ltd and forest products MacMillan Bloedel Ltd to raise capital and reduce debt. The sales reduce the influence of Edper, which has been the most dominant corporation in the Canadian economy since before 1983.

Paperboard mills, Softwood veneer and plywood

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Billion dollar paydays: Hees-Edper's pain is Bay Street's gain

Article Abstract:

The Bay Street stock brokerage firms that managed Hees-Edper's sales of Labatt Ltd and MacMillan Ltd will divide among themselves $78.6 million in commission from the two sales.

MMBLF

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