OTPP calls for shareholder vote

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CANADA The C$96bn Ontario Teachers' Pension Plan (OTPP) has called for the share dilution that resulted from certain mergers to require shareholder approval.

Pointing to the Goldcorp and Glamis merger as an example, Brian Gibson, senior VP of public equities at OTPP, said: “This is a matter of principle for shareholders. The number of shares being issue...

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