BC Court to hear Mason appeal over Telus meeting

NEW YORK, N.Y. - U.S. hedge fund Mason Capital Management says the B.C. Court of Appeal will hear its challenge of a recent ruling that favoured Telus. The appeal of the Supreme Court of British Columbia ruling that prevented Mason from holding a rival meeting of Telus shareholders next month has been fast-tracked to October 4, 2012, in order to decide the matter prior to the October 17 meeting of Telus shareholders. Mason has been locked in a bitter dispute with Telus over the telecom’s proposed plan to eliminate its dual-class share structure without paying a premium to voting shareholders,...