Big Shareholder To Aimia: Rejecting AC Offer Would Be Suicidal

FinancialPost

One of Aimia Inc.’s biggest investors has simple advice for the frequent-flyer program: Say yes to an unsolicited takeover from a group led by AC. “At the end of the day to not consummate something here would be suicidal,” said Hanif Mamdani, who runs a hedge fund at RBC.

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