Boralex Bid Remains Contested
MONTREAL, Nov. 1 /CNW/ - O'Leary Funds announces that it shall continue its efforts to ensure that minority unit holders of Boralex Power Income Fund be treated fairly.
Although the Superior Court declined to issue a temporary injunction, the legality of the Boralex bid and any compulsory acquisition remains contested.
O'Leary Funds continues to believe that any compulsory acquisition will be illegal, and it shall pursue the appropriate measures to protect the rights of the minority.
O'Leary Funds remains committed to the equitable and fair treatment of all unitholders.
For further information: For further information:
Connor O'Brien, CEO, O'Leary Funds Management LP, Chief Investment Officer, Stanton Asset Management Inc., (514) 849-0064, [email protected]
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