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The spread between the prices of Telus’s two classes of shares clearly signals the betting is that Telus will succeed in pushing through the planned one-for-one collapse of its dual-share structure in a meeting next month, despite opposition from Mason.
The spread between the prices of Telus’s two classes of shares clearly signals the betting is that Telus will succeed in pushing through the planned one-for-one collapse of its dual-share structure in a meeting next month, despite opposition from Mason.
(Bloomberg screengrab)

Market scoreboard says Telus is trouncing Mason

The stock market says Telus Corp. is on its way to defeating Mason Capital, the hedge fund that has been a thorn in the telecom company’s side for months.

The spread between the prices of Telus’s two classes of shares clearly signals the market's bet that Telus will succeed in pushing through the planned one-for-one collapse of its dual-share structure in a meeting next month, despite opposition from Mason.