RE:Example - Controlling SH failed to Privatize a SubsidiaryAnd anyone who held is sitting at 16.50 five years later. instead of 16 in 2019
Loughatorick wrote: Jim Pattison is a mover and shaker in the British Columbia economy.
Pattison's company, Great Pacific, obtained 51 % control of Canfor and then attempted to take Canfor private by buying out minority shareholders. The bid did not succeed because the majority of the minority shareholders did not approve of Great Pacific's bid.
https://www.cbc.ca/news/canada/british-columbia/canfor-says-privatization-deal-called-off-1.5398937