C.I. extends offer for Mackenzie

Article Abstract:

Toronto, Ont.-based Mackenzie Financial Corp. has received a $3.6 billion hostile takeover offer from Toronto, Ont.-based C.I. Fund Management Inc. Industry analysts said that the deal, which would be paid in stock and cash, may attract rival bids.

author: Won, Shirley

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Mackenzie to advise delay on C.I. offer

Article Abstract:

Mackenzie Financial Corp.'s board of directors is calling on stockholders to delay a decision on the company's proposed hostile takeover bid for C.I. Fund Management Inc. Mackenzie has offered to acquire C.I. for C$3.6 billion.

author: Won, Shirley

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Mackenzie poison pill gets hearing

Article Abstract:

The Ontario Securities Commission (OSC) has agreed to consider hostile bidder C.I. Fund Management Inc.'s request that Mackenzie Financial Corp.'s poison pill be killed.

author: Won, Shirley
Government regulation (cont), Laws, regulations and rules, Ontario. Securities Commission

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subjects list: Canada, Mergers, acquisitions and divestments, Financial services industry, Financial services, Mutual funds, Mutual fund industry, MacKenzie Financial Corp., C.I. Fund Management Inc.
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