A judge has sided with Parkland Corp. in its last-minute decision to delay its shareholder meeting by more than a month so investors can vote on a US$9.1-billion takeover by Sunoco LP at the same time they elect a board of directors. A showdown had been set to take place in Calgary on Tuesday.
If this goes through, it’s going to fuck up a lot of those “other companies” that Parkland owns
I work for M&M Food Market, and we are owned by Parkland. If they get bought by Sunoco, our “Proudly Canadian” legacy goes tits up immediately.