Detour Delays Vote After Early Tallies Show Paulson Majority - BNN Bloomberg -BoardProspects

Detour Delays Vote After Early Tallies Show Paulson Majority

BNN Bloomberg Dec 10 2018 BoardNews

Detour Gold Corp. has delayed by two days a special meeting slated for Tuesday after early tallies showed activist investor Paulson & Co. won a majority of seats on the miner’s board. The New York hedge fund run by billionaire John Paulson has been pushing to replace the bulk of Detour Gold’s directors since June...
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1. That would be inconsistent with the intentions expressed to Detour Gold by the vast majority of shareholders we have spoken with.
Topics Mentioned
- Board of Directors
- MDC Partners
- AMP
- Hedge Fund
- John Paulson
- Detour Gold
- Paulson & Co.
- lawsuit
- stake
- resign
Authors
- Bloomberg News