Mason files dissident proxy circular ahead of Telus general meeting

TORONTO - Mason Capital Management has filed and is sending its dissident proxy circular to voting shareholders of Telus Corporation ahead of its general meeting scheduled for October 17, 2012. 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, including itself, to reflect their higher value on the open market The proxy circular filed today includes a letter to voting shareholders, which outlines the reasons Mason believes voting shareholders should vote “No” to Telus’ proposal including: Voting Shares are historically and...