The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

The judge agreed with Telus that Mason Capital is indifferent to the telco’s overall success.
The judge agreed with Telus that Mason Capital is indifferent to the telco’s overall success.
(Michelle Siu For The Globe and Mail)

Telus foe Mason is no ‘empty voter,’ says prof who coined term

One of the professors who coined the term "empty voting" is refuting Telus Corp.’s claims that foe Mason Capital is engaging in the dubious practice. However, he says, plenty of other shareholders of the phone company are.

Mason and Telus are facing off over Telus’s plan to collapse its two classes of shares on a one-for-one basis. Mason has set up a trade whereby it has bought millions of voting shares, and shorted millions of other shares, including a large chunk of non-voting stock.