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Hedge fund Mason Capital says Telus voting shareholders need compensation

Canadian Business – A U.S. hedge fund called Telus’s plan for a single class of common shares one of Canada’s “worst” share collapse deals in years, saying there must be compensation for voting shareholders.

Mason Capital Management and Telus are locked in battle over the Canadian company’s plan to convert its dual-class share structure of common shares (TSX:T) that have voting rights and non-voting A shares (NYSE:TU).

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