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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

Comment by nkbourbakion Jun 27, 2024 4:45pm
118 Views
Post# 36109687

RE:Case study: How to steal control of a public company

RE:Case study: How to steal control of a public companyYou make good points and obviously I share your frustration with the status quo. However, let's not pretend that Mithaq was playing within the rules to build their position.  And it's interesting to note that many more "outsider" votes were cast for current management than for Mithaq.  i.e. if you subtract the Paladin+PP+insider votes from Aimia's total then you get a number much larger than if you subtract Mithaq's votes from the dissident total.   I was really surprised by that outcome.  

I guess we'll now see if this team can surface any value for anyone other than themselves when they can no longer hide behind the excuse of "shareholder activism".  It would sure be nice to see some of today's volume being due to insider purchases but I know better than to expect that.

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