RioCan to fight realfund vote dare
Article Abstract:
RealFund Trust has scheduled a special meeting on Jun 29, 1999, for unitholders to vote on a takeover offer by RioCan Real Estate Investment Trust. However, RioCan opposed the date because it would mean that RealFund has taken more than three months to look for alternative bidders.;RioCan said that three-month period is longer than the 45 days required under RealFund's poison pill provision. RioCan's offer was announced on Mar 15, 1999 and will expire on May 21, 1999.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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TD Buys Canada Trust, expects Martin's approval
Article Abstract:
Toronto-Dominion Bank (TD) has announced a deal acqire Canada Trust for C$7.85 billion. TD will purchase CT Financial Services Inc, the holding company that owns Canada Trust, for C$67 a share. The deal, which is expected to be closed by Feb 2000, would make TD Bank the third largest in Canada in terms of assets, and the largest retail operator in terms of customer deposits and loans.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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