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File photo of Marc Tellier, chief executive officer of Yellow Media Inc.
File photo of Marc Tellier, chief executive officer of Yellow Media Inc.
(Ryan Remiorz/THE CANADIAN PRESS)

Yellow Media investors fight back – and win

For the first time in Yellow Media’s fight to restructure, retail investors can say they have won a round.

In the midst of a court hearing to weigh the fairness of the restructuring, Yellow Media announced Tuesday that the company agreed to cough up more to convertible debenture holders, many of whom are retail investors whose patience has been sorely tested.