Business
Turquoise Hill delays shareholder vote on Rio Tinto plan to take company private
By The Canadian Press on November 7th, 2022
TORONTO – Turquoise Hill Resources Ltd. is delaying a shareholder vote on Rio Tinto’s plan to take the company private. The company says Rio Tinto asked for the postponement of the vote that was set to take place Wednesday at the request of the Quebec securities regulator. The shareholder meeting is now set for Nov. ... Read More »
Be the first to comment!Ritchie Bros. Auctioneers buying IAA in deal worth US$7.3 billion, including debt
By The Canadian Press on November 7th, 2022
VANCOUVER – Ritchie Bros. Auctioneers Inc. says it has signed a deal to acquire U.S. company IAA Inc. in a transaction valued at about US$7.3 billion including the assumption of US$1.0 billion of net debt. Under the terms of the agreement, IAA shareholders will receive US$10 in cash and 0.5804 of a Ritchie Bros. common ... Read More »
Be the first to comment!Public hearing begins on Rogers’ $26-billion proposed takeover of Shaw
By The Canadian Press on November 7th, 2022
OTTAWA – The Competition Tribunal’s public hearing on Rogers Communications Inc.’s $26-billion proposed takeover of Shaw Communications Inc. begins today as the telecom companies look to take the deal across the finish line. The hearing will aim to resolve the impasse between the Commissioner of Competition and Rogers and Shaw, and comes after weeks of ... Read More »
Be the first to comment!Musk threatens to boot Twitter account impersonators
By Frank Bajak, The Associated Press on November 6th, 2022
BOSTON (AP) – Elon Musk tweeted Sunday that Twitter will permanently suspend any account on the social media platform that impersonates another. The platform’s new owner issued the warning after some celebrities changed their Twitter display names – not their account names – and tweeted as “˜Elon Musk’ in reaction to the billionaire’s decision to ... Read More »
1 responseBusiness Beat: What’s old, is new again
By medicinehatnews on October 14th, 2020
Infill development. It’s an idea and practice that cities across North America are embracing, and with good reason. Infrastructure such as roads, water mains, and sewer lines are costly for municipalities when developing new sub-divisions. Infill improvement allows developers to capitalize on existing infrastructure through increased densification that can increase a city’s property tax base. ... Read More »
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