Telus moving ahead with share exchange plan for Feb. 4

VANCOUVER - Telus is moving forward with its court-approved exchange of its non-voting shares for common shares on a one-for-one basis. The plan becomes effective at 12:01 a.m. (PDT) on February 4, 2013. It also announced that Mason Capital Management and Telus have agreed to abandon all litigation relating to the court approved plan of arrangement. The agreement does not involve the payment of funds to either party. As a result, the Supreme Court of British Columbia's decision to grant a final order approving Telus' share exchange stands and all conditions precedent to completion of the exchange have now been...