CN Railway Replaces CEO and Names Four New Board Members
Goodmans LLP acted for Elliott Capital Management in connection with the settlement of the proxy contest started by TCI Fund Management to replace directors of Canadian National Railway Company (“CN” or the “Company”).
TCI owns greater than 5% stake in the Company and sought to select a new CEO and four board seats in a proxy fight. Elliott Capital acquired a large position in CN and supported TCI’s efforts. In January 2022, CN settled with TCI by agreeing to add two mutually agreed upon directors as well as a new CEO, thereby averting a proxy fight.
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Mergers and Acquisitions
Browning West issues letter to Gildan Activewear’s board of directors outlining steps to restore stakeholder confidence
Goodmans LLP is acting for Browning West, LP in connection with issuing a letter to Gildan Activewear Inc. advocating for the reinstatement of its former CEO, Glenn Chamandy… -
Shareholder Activism
Magnet Forensics acquired by Thoma Bravo
Goodmans LLP acted for Nellore Capital Management, the largest shareholder of Subordinate Voting Shares of Magnet Forensics, in relation to Thoma Bravo’s proposed acquisition of Magnet Forensics… -
Shareholder Activism
First Capital Enters into Cooperation Agreement with Vision Capital and Ewing Morris
Goodmans LLP acted for Vision Capital corp. in relation to the support and cooperation agreement between First Capital REIT and each of Vision Capital and Ewing Morris & Co. Investment Partners… -
Shareholder Activism
Horizon Partners opposes TransGlobe Energy Corporation's merger with VAALCO Energy, Inc.
Goodmans LLP acted for Horizon Partners in connection with TransGlobe Energy Corporation merger with VAALCO Energy, Inc… -
Shareholder Activism
Medical Facilities Corporation Announces Change in Corporate Strategy and Board
Goodmans LLP represented Medical Facilities Corporation (MFC) in connection with its change in corporate strategy after engagement with shareholders, including Converium Capital Inc… -
Shareholder Activism
Greywood, LLC Leads Shareholder Activism Against Enthusiast Gaming Holdings Inc.
Goodmans LLP is representing Greywood LLC in connection with its acquisition of beneficial ownership of 5% or more of a class of equity securities of Enthusiast Gaming Holdings Inc. (“Enthusiast…