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Cadillac Fairview may go private amid share sale speculation
Rumors that Cadillac Fairview Corp. may go private gain momentum after the sale of 1,055,000 shares to an undisclosed buyer on the Montreal Stock Exchange. Analysts dispute the likelihood, with estimates of a possible $15 to $30 per share offer and a $600 million buyout tag, depending on financing.
MENTIONED IN THIS ARTICLE
Financial Times
Toronto
Cadillac Fairview Corp. Ltd
Montreal Stock Exchange
Cadillac Fairview
Ira Katzin
Pitfield Mackay Ross Ltd
Katzin
Frank Mayer
Alfred Bunting and Co. Ltd
Cemp Investment Ltd
John Daniels
Ira Gluskin
Brown Baldwin Nisker Ltd
Cemp
Daniels
Donald Love
TD Capital Group Ltd
Oxford Development Group Ltd
Love