MI Developments Takeover
On October 4, 2010, MI Developments Inc. (NYSE: MIM) announced that it has received a $13 per share cash takeover offer from ST Acquisition Corp., a corporation controlled by members of the Stronach Family.
MID will establish a special committee of independent directors to review and evaluate the proposed offer.
MID will establish a special committee of independent directors to review and evaluate the proposed offer.
