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Aimia Inc T.AIM

Alternate Symbol(s):  T.AIM.PR.A | AIMFF | T.AIM.PR.C | T.AIM.PR.D

Aimia Inc. is a diversified company. The Company operates through three segments: Bozzetto, Cortland International and Holdings. The Bozzetto segment is a provider of specialty sustainable chemicals, offering sustainable textile, water and dispersion chemical solutions with applications in several end-markets including the textile, home and personal care, plasterboard and agrochemical markets. The Cortland International segment consists of Tufropes and Cortland Industrial LLC (Cortland). Tufropes is a manufacturer of synthetic fiber ropes and netting solutions for maritime and other different industrial customers. Cortland is a designer, manufacturer, and supplier of technology advanced synthetic ropes, slings, and tethers to the aerospace & defense, marine, renewables, and other diversified industrial end markets. The Holdings segment includes investments in Clear Media Limited, Kognitiv, as well as minority investments in various public company securities and limited partnerships.


TSX:AIM - Post by User

Bullboard Posts
Comment by 123con Jul 17, 2019 12:32pm
94 Views
Post# 29930107

RE:Possible trouble over at PLM?

RE:Possible trouble over at PLM?Looks like they are trying to replicate Air Canada's strategy of withdrawing from the Aimia loyalty program to devalue it, then perhaps returning with a low ball offer to purchase it.   They are also perhaps trying to exploit a moment of weakness when there is a board fight going on.   I expect Mittleman will be moving fast to bring the board situation under control and to deal with the PLM issue effectively.  It would probably help Mittleman to know what support he has from other shareholders, but I think he got a clear signal with the board vote at the AGM that he has the support he needs to make changes. 
Bullboard Posts