Gentra head says no to privatization

Article Abstract:

Brookfield Properties Corp. CEO and Chairman Gordon Arnell has continued to say that the company is not privatizing Gentra Inc. Arnell, whose company has a 44% stake in Gentra, has continued to deny the privatization reports and added that taking Gentra private was not advantageous to Brookfield. Arnell pointed out a considerable portion of Gentra's C$630 million tax-loss carry-forwards would be lost if Brookfield completely took over Gentra. The speculation about the privatization was spurred by the resignation of Gentra CEO and President James Walker following a disagreement over the future plans for Gentra.

Comment:

CEO and Chairman Gordon Arnell continues to say that the company is not privatizing Gentra Inc

Land Subdivision and Land Development, Office & Commercial Developers, Shopping Center Developers, Commercial developers, Brookfield Properties Corp., Gentra Inc., Article

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Under pressure, QLT restructures

Article Abstract:

The reasons behind streamlining of operations by QLT Inc. are presented.

Measuring & controlling devices, not elsewhere classified, Measuring and Controlling Devices, Instrument industry, Instrument industry (Equipment), QLT Inc., QLT

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Biovail making strategic overhaul

Article Abstract:

Business restructuring efforts of Biovail Corp. are presented.

Pharmaceutical preparations, Pharmaceutical industry, Biovail Corp.

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