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Catalyst Capital Group denied legal standing in challenge of Corus-Shaw deal

2016-03-08 01:57:10| Telecom - Topix.net

The Ontario Securities Commission ruled Monday that a minority shareholder in Corus Entertainment does not have the legal standing to challenge information the Calgary-based firm disclosed about its proposed $2.65-billion acquisition of Shaw Media. Catalyst Capital Group, which has been staunchly critical of the Corus-Shaw deal, had wanted the vote to be postponed in order to allow enough time for a review.

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