Canada Business – A dissident investor has requested a meeting of Telus’s voting shareholders to call for a premium for their support in consolidating the telecom company’s shares, a proposal Telus dismissed as the U.S. hedge fund’s latest “nuisance play” to interfere with its plans.
U.S. hedge fund Mason Capital has requested a special meeting to allow the voting shareholders to approve a minimum acceptable premium of 4.75 per cent.