Mackenzie board rejects C.I. bid (Mackenzie Financial Corp., turns down C.I. Fund Management Inc., acquisition offer)

Article Abstract:

Toronto-based based financial services firm Mackenzie Financial Corp., has rejected an acquisition bid by mutual funds managers C.I. Fund Management Inc.

General services, Management

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Mackenzie move forces C.I. to reconsider bid

Article Abstract:

Toronto, Ont.-based C.I. Fund Managements Inc. may be forced to revise its $3.9 billion hostile takeover bid for Mackenzie Financial Corp. Toronto, Ont.-based Mackenzie has informed its workers that they will receive one year's salary if they are laid off as a result of the proposed merger.

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Mackenzie to sell 8 Altamira 'load' funds

Article Abstract:

Toronto, Ont.-based Mackenzie Financial Corp. will sell eight funds that are managed by Toronto, Ont.-based Altamira Investment Services Inc. Mackenzie is attempting to fend off a hostile takeover bid from C.I. Fund Management Inc.

Use of services, Contracts & orders received, Contracts, Altamira Investment Services Inc.

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